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32 Young Street
Frankston VIC 3199
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Sold on 24 Mar 2022

32 Young Street Frankston VIC 3199

  • Shop & Retail
  • 156 m²
  • Sold

Stopping All Stations - Tenanted Investment

    Nichols Crowder is pleased to offer the opportunity to purchase a tenanted shop in the heart of the Frankston CAD.

    With a new 5-year lease to H & R Block beginning April 2022, this property will not remain on the market for long!

    Across the road from the newly refurbished $68 million Frankston Station and 350m* from Chisholm campus which is currently undergoing an $85 million re-development.

    Parking is no problem with Bayside shopping centre carpark being directly behind.

    Priced very competitively, you will not find better value in Frankston!

    Features include:

    * Total building area: 156sqm*
    * Rental return of $24,000 p.a. + GST + outgoings
    * Lease beginning April 2022 with annual 3% increases
    * 5 years & 7 month lease term
    * Building comprising of 7 glass partitioned offices and a large reception area
    * Male and female amenities (including disabled toilet)
    * Ducted heating/cooling throughout
    * Motorised security shutters on front of shop
    * Alarm/CCTV
    * Fitted lunchroom
    * 1 undercover carpark on title (at rear)
    * No expense spared on the fit out!
    * Commercial 1 Zone (C1Z)

    For further information or to arrange an inspection, please contact

    James Dodge 0488 586 896
    Thomas Gordon 0456 353 432

    PLEASE NOTE:

    * Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

    * All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

    Property Highlights

    Date Sold24 Mar 2022
    Floor Area156 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Property ID2017585819
    Category
    Last updated  28 Mar 2022
    Map for 32 Young Street Frankston VIC 3199

    Property Highlights

    Date Sold24 Mar 2022
    Floor Area156 m²
    Land AreaAsk Agent
    ParkingOn site parking available
    Property ID2017585819
    Category
    Last updated  28 Mar 2022
    Level 1, 1 Colemans Road Carrum Downs VIC 3201

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