Premium investment with huge value add opportunity.
Located adjacent to the intersection of Frankston Freeway and Dandenong-Frankston Road, this group of 4 independent offices on one title represent a tremendous opportunity for the astute investor to bring their own flair to this commercial site.
On this corner site of 1551 m² approx. you will find 4 office suites with a total lettable area of 594 m². Each office is completely independent, and include ground floor and mezzanine first floor offices. 18 at grade carparks on site.
Suite 1, leased to RSL Frankston, with a lease expiring October 2017 plus a further 3 year option.
Suite 2, leased to Findmea, with a lease expiring April 2018 with a further 2 year option.
Current combined income of $57,330 p.a. net. Potential fully leased income of $84,270 p.a. net. Vendor has retired interstate, and is keen to realise this standalone commercial asset.
For Sale by Expression of Interest closing 30th November, 2016.
Contact Facey Industrial now on 9793 4455

