For Sale - Lots 1 & 3 (Combined)
Perfect for Investors and Owner Occupier/Investors.
These 2 adjoining lots are being offered to the market for private sale.
Wonderfully positioned in arguably Frankston's busiest shopping street, and directly opposite Hoyts Cinemas; it's neighbouring food retailers, and large car park. Other quality neighbours include ANZ Bank, Discount Chemist Warehouse, My Style, KX Pilates and many others.
Total land area of approximately 405sqm*
LOT 1
Front facing Wells Street
Land area: 230sqm*
Shop area: 258sqm*
Currently vacant. Perfect to lease out or occupy.
This part of the whole property has impressive features which include:
* Substantially wide frontage
* Fabulous fitout
* Shop is on one level (and occupies part of Lot 3)
* Own dedicated facilities
* Air conditioned
* Parking on site
* Very well maintained
* Situated front and centre in Wells Street
LOT 3
Facing Stiebel Place
Land area: 175sqm*
Shop area: 105sqm*
Tenanted shop on secure lease.
Tenant trades as Alley Barber - a very long established and successful business in an eclectic setting.
The tenancy occupies part of Lot 3.
Features of this tenanted investment are:
* Current 3 year lease with options.
* A demolition clause is contained in the lease.
* Net rental return of $35,560 p.a.
* Annual rent reviews.
* Own dedicated facilities.
* Parking onsite
For further information or to arrange an inspection, please contact:
Linda Ellis - 0400 480 397
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images and renders are subject to copyright.
*Denotes Approx.
