72 Young Street Frankston VIC 3199

Teska Carson is pleased to offer 72 Young Street, Frankston for sale by Public Auction on Wednesday 21 June 2023 at 1pm on-site.

Situated directly across from the newly renovated Frankston Station ($63m upgrade) this is an A grade investment opportunity with the following attributes:

- Brand new 20 year lease (5+5+5+5)

- Income of $75,000 per annum plus GST & Outgoings (excluding land tax)

- Annual CPI increases with market review at exercise of option

- Land area of 289 square metres with valuable 7.7 metre double width frontage

- Benefits from 2 car parks and rear road access

- 7 Eleven is one of Australia’s biggest retailers with in excess of 700 stores nationwide 

- Lease directly held by 7 Eleven  

- Directly opposite the $87m upgraded Frankston Train Station Car Park with over 500 new car parks

Please call for further information or to arrange an inspection.