CBRE Victorian Health, Aged & Child Care are delighted to present 6 Overton Road, Frankston to the market for sale via Public Auction.
An outstanding opportunity to secure a strategic medical investment located in Melbourne’s growing beachside ‘hotspot’. Frankston City in recent years has experienced an increasing trend in significant; investment and development activity, infrastructure, education, health and social investment services from the private and public sector to the tune of over $550million in recent times, underpinning the attractiveness of the location and opportunity.
The difficulty in acquiring property with such a strong lease covenant is not to be underestimated, not to mention the fact that this property boasts the following key features:
- Outstanding freestanding medical investment leased to Signature Smile Studio
- Returning $75,000 pa* + outgoings + GST complemented by 4% fixed annual rental increases providing exciting income growth prospects
- 2 Tiers of lease security - security deposit of $37,500 and Director's Guarantee
- Irreplaceable multi-frontage land holding of 628sqm* favourably zoned Commercial 1
- Close to a plethora of amenity including the Bayside Shopping Centre (1.5km*), Frankston Train Station (1.7km*) and bus networks, Frankston Beach / Waterfront and recreation attractions
- Linkages to major road networks connecting Melbourne CBD and famed Mornington Peninsula and tourist region
For Sale via Public Auction on Thursday 12th October 12:30pm
*approx.
Josh Twelftree
+61 452 524 985
Sandro Peluso
+61 418 389 757
Kinson Wong
+61 450 712 341
