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24-28 Young Street Frankston VIC 3199

  • Shop & Retail
  • 830 m²
  • For Sale, $2,900,000

High Yielding Freestanding Commercial Investment Opportunity

This retail/commercial investment offers the astute investor an excellent chance to secure a prime corner building in the heart of Frankston.

Brilliantly positioned on the corner of Dyson Place (directly opposite busy Frankston Train Station) and returning a net rental of $146,758 per annum it allows a strong cash flow combined with solid growth potential.

- 6 Shop Fronts, 6 Office Suites, Strong Tenant Mix
- Strong tenancy mix including H & R Block, solicitors and Government Services
- Security of income through a variety of tenancies
- Conservatively Let with potential upside
- Possible strata conversion to add value (STCA)
- High yield expected

Address24-28 Young Street Frankston VIC 3199
ZoningB1Z - Business 1 Zone (B1Z)
CouncilFRANKSTON CITY
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2015468885
Floor Area830 m²
Land Area540 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  21 Oct 2019
Map for 24-28 Young Street Frankston VIC 3199
Map for 24-28 Young Street Frankston VIC 319924-28 Young Street Frankston VIC 3199
Cameron
3 Ordish Road Dandenong South VIC 3175

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