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48 A,B & C Heatherhill Road
Frankston VIC 3199
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Sold on 10 Aug 2022

48 A,B & C Heatherhill Road Frankston VIC 3199

  • Shop & Retail
  • 234 m²
  • Sold

1 TITLE, 3 TENANCIES, MULTIPLE REVENUE STREAMS

PRIVATE SALE - INSPECT BY APPOINTMENT ONLY

Centred in the heart of a highly-successful, low-vacancy retail strip, this rare 3-in-1 offering comprises 3 fully-leased shopfronts on one title. With individual tenancies providing flexible options, the property offers multiple revenue sources to ensure a stable return& a substantial 631sqm* landholding with potential for future development (Subject to Council Approval).
.
- 3 individual shopfronts on one title
- 1 investment with multiple revenue streams

48A Heatherhill Rd., Frankston
Pier 151 Fish & Chips
- 67sqm* plus on-grade rear parking
- current rental $15,296pa plus outgoings

48B Heatherhill Rd., Frankston
Heatherhill Asian Take Away & Delivery
- 67sqm* plus on-grade rear parking
- current rental $17,826pa plus outgoings

48C Heatherhill Rd., Frankston
PharmaSave Heatherhill Road Pharmacy
- 100sqm* plus on-grade rear parking
- current rental $24,517pa plus outgoings

- all with strong presence enhanced by professional signage
- excellent street front angle parking including 2 adjacent Accessible Carspaces
- additional parking in a large rear parking lot
- boutique strip with a diverse business mix & low-vacancy rate
- a walk from Frankston Heights Primary
- 1 km from Monash Uni's Peninsula Campus
- 3kms from Frankston's CBD, station & beachfront
- close to the juncture of Peninsula Link Freeway & Frankston-Flinders & Hastings Roads
- at the gateway to the Peninsula, Red Hill & Westernport Bay

Multiply rewards with a 3-in-1 opportunity.
Count on 3 individual income streams for peace-of-mind.
Add a new level & develop value

For further details or to arrange an inspection please do not hesitate to contact our office.

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

Property Highlights

Date Sold10 Aug 2022
Floor Area234 m²
Land Area631 m²
ParkingAsk Agent
Property ID2017908568
Category
Last updated  12 Aug 2022
Map for 48 A,B & C Heatherhill Road Frankston VIC 3199

Property Highlights

Date Sold10 Aug 2022
Floor Area234 m²
Land Area631 m²
ParkingAsk Agent
Property ID2017908568
Category
Last updated  12 Aug 2022

Co-Agents

James Davie
James Davie
DBRE Pty Ltd
Call
0412 209 696
Kirsty Venning
Kirsty Venning
DBRE Pty Ltd
Call
0432057345

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