2-14 Wells Street Frankston VIC 3199

• 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 $100 million upgrade to the Frankston train line, The Wells street improvement project and the Frankston Station Precinct Redevelopment

Auction date: Thursday 15th October at 1pm onsite - Terms: 10% deposit, balance 60 days