A Cracker Of An Investment - Long Term Tenant - 6.3% Yield - Returning $37,953.60pa excluding GST - All Outgoings paid by tenant - 10 Year lease, 5 years remaining - Situated at the entrance of the Frankston Business Centre - Adjacent to railway station, bus station and taxi rank - Large council car park next door - Ample street parking - Great exposure
WIDE OPEN OPPORTUNITY - 2 ADJACENT FREEHOLDS! 80-86 YOUNG STREET FRANKSTON
Zoning: Commercial 1 Zone
Land size: 302m2-665 m2 Retail: 158m2-504 m2
AUCTIONS FRIDAY 3 JUNE AT 11AM TWO TITLES, TWO PRIME COMMERCIAL PROPERTIES TO BE SOLD SEPARATELY AT AUCTION.
Positioned in the ever busy nucleus of Frankston, these adjacent Freeholds sit directly opposite Frankston Station ( which is part of the proposed Station Precinct upgrade). Fronting busy Young Street (also about to undergo substantial streetscape works) ,and with Gallery Lane at the rear boundary, the properties are easily accessible by pedestrians and vehicles.
Rocotillos Cafe - New 5 Year Lease Renewed 5 year lease to October 2020 â?? No Further Options. Annual rent reviews. Lessee pays all usual outgoings as per the lease. Central 120 sqm site with 5.5 metre frontage. Modern restaurant with alfresco dining. Directly opposite Frankston Hoyts Cinema complex including Subway, Nandos, Pizza Hut, Strike Bowling etc. Central to Railway Station and Shannon Street Mall, connecting Wells Street with Bayside Plaza Shopping Centre. Wells Street: Frankston's entertainment precinct, current $4.2M Council upgrade, includes McDonald's, ANZ, and CBA. Rent: $53,003 pa.
Frankston’s Best Corner - Freehold Investment - London House • Central Frankston location • Strategic land holding of 429m2 • Substantial building of 800 m2 - Improvements comprise eight (8) ground floor retail shops and commercial office accommodation to the first floor. • Corner location opposite the railway station – Three (3) street frontages • Current Rent $179,000pa plus GST plus outgoing approx. Fully leased potential income of $220,000 approx. • Multiple income streams • Enormous future upside • Frankston is undergoing multiple government improvement projects including the $10...
Security of the World's Largest Independent Oil Trader New 15 year lease to 2030 plus options to 2045. Liberty: 50% owned by VIVA Energy (Shell Australia) with 870+ retail sites across Australia. VIVA Energy: A subsidiary of Vitol, a multinational energy & commodities company with turnover of $270 billion (2014). Annual CPI reviews / Tenant pays usual outgoings. Strategic 4,430 sqm site with 73 metre frontage on homebound side of major arterial, linking Frankston and the Mornington Peninsula. Substantial income depreciation benefits. Rent: $184,465 pa.*
Auction 11am AEST Wednesday 16 September River Room, Crown Casino Melbourne
Strategic KFC Investment Brand new 10 year lease to 2023
4 further 5 year options
Outstanding location on the main road to Frankston’s CBD from the new Peninsula Link
Fast food location next to McDonalds and Fratelli’s Restaurant
Excellent 1,495* site with 15 metre* frontage
A $350,000 tenant refurbishment is imminent
Modern 295m2* building with drive thru facility
Annual rent reviews
Rent: $232,169 pa*
Prime Bayside Investment – 3 2 year lease
– Central retail location next to Myer and Bayside Shopping Centre
– Large site area: 719m2 including 5 car parks
– Modern 601m2 building
– Taxation saving depreciation
– Rent $75,395pa
Frankston – one of the biggest retail/commercial centres outside the Melbourne CBD
Prime Retail! A retail shop, forming part of a two-level building and retail office complex. Located in the central business district of Frankston and adjacent to the Frankston Central Shopping Centres
You Can Bank on This One - Two storey office/retail space - Upstairs staff amenities and kitchen area - Situated in Frankston's CBD - Access to nearby bus stops and train station - Surrounded by financial and real estate institutions - Neighbours include the Post office and National Australia Bank - Close to the Frankston Freeway and Peninsula Link - Metres from Nepean Highway offering direct access to Melbourne's CBD - Available now
Bayside Development Beauty On behalf of the Royal District Nurses Service, Knight Frank is delighted to offer for sale this fantastic development site.
The prominent features of this property include:
- Total land area 1,997sqm (approx.)
- 3 street frontages
- Zoned General Residential
- Suitable for multiple development outcomes
- Immediate proximity to Bayside Shopping Centre and Frankston CBD
- Easy access to Frankston Train Station, numerous Bus networks and Frankston Freeway
- To be offered for sale with vacant possession
The property is one of six development sites that form part of a portfolio auc...
A MIXED USE OPPORTUNITY WITH ENORMOUS POTENTIAL Explore the options and reap the rewards.
- Renovate and enjoy the existing improvements
- Update for medical or commercial use
- Develop now or later multi-level residential
Solid brick 2 storey residence previously used for medical consulting.
The property comprises formal entry, separate living/dining, two bathrooms, formal kitchen on ground floor with additional kitchenette on first floor.
Whilst in need of renovation, the building can easily be updated to suit a range of uses.
LANDMARK CORNER - INVEST TODAY/DEVELOP/OCCUPY IN THE FUTURE Invest Today, Develop/Occupy later.
Prominent part two storey commercial brick building within Frankston CBD with potential for redevelopment/subdivision (STPA)
• Lease Term: Three (3) years from 1st August 2012
• Rental: $102,678*pa
• Reviews: Annual 3% increases
• Land Area: 372sqm*
• 3 street frontages, adjoining ROW
• Nepean Highway Frontage - 10.17metres*
• Playne Street Frontage - 36.64metres* (tremendous exposure)
• Building Area: 400sqm*
• Business 1 zoning
• Design and Development Overlay allows for a height limit of up to 32 metres (STPA)
BAYSIDE BEAUTY - 2 SHOPS AND 1ST FLOOR OFFICE ON 1 TITLE A rare opportunity to secure an affordable retail investment within the tightly held Mt Eliza Village Shopping Centre.
* Dual frontage to Ranelagh Drive and Council Car Park at rear
* Adjoining public walkway
* Opportunity to "VALUE ADD" : refurbish, develop, subdivide (STPA and/or renegotiate lease terms and rentals
* Total Rental: $54,820p.a. net approx.
* Land Area: 262sqm approx.
* On site car parking
Terms: 10% Deposit, Balance of monies 45/75 days
For further details please contact:
GROSS WADDELL PTY LTD
03 9654 8666
Realisation Auction: Premier Corner Investment 6 tenancies on 1 title with subdivision potential STCA.
Prominent 531m2* corner building.
Outstanding 318m2* Business 1 zoned site with a combined 54m* frontage.
Frankston City: Growth location with 2011 population of 126,458, up 9,865 since 2006 (Source: ABS).
Station Street: key thoroughfare between train station and thriving Bayside Shopping Centre with $367 million total centre sales in 2011 (Source: Colonial First State).
Interstate bidding is available by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 71.