Modern Petrol Station and Car Wash Complex 12 year lease to November 2023 plus options to 2035. Annual fixed 3% rent increases. 3,241 sqm corner site with a combined 133 metres of frontage. Strategic site on a major metropolitan arterial, close to Frankston Freeway and Eastlink Freeway interchanges. Includes 240 sqm convenience store, 4 island canopy, fibreglass tanks plus a two bay car wash. Jasbe Petroleum Group: One of Australia's leading independent BP operators with 45 sites across Australia. Generous depreciation benefits. Tenant pays usual outgoings except Land Tax. Rent: $379,399 pa.
Main Road Showroom Opportunity with Rear Yard - Warehouse/showroom 631sqm including Office 177sqm - 3 Phase power - Gated rear yard space - Rear roller door access - Busy Hartnett Drive exposure with high traffic - Close to Peninsula Link & Frankston Dandenong Road - 11 Car parks at the front with additional ones at rear
BIG & BOLD ON BEACH STREET. Located on the super busy corner of Beach St and McMahons Rd in Frankston is this stand out showroom and fenced bitumen yard. Currently being occupied as a permitted car sales yard and showroom, this freehold property would suit similar businesses, or others (STCA) who need a sizable and versatile building with on-site parking or display area.
The building is both double storey and single storey, and comprises two 70m2 (approx) areas on the first floor, plus ground floor office/warehouse/display of approx 532m2. There are also 2 roller doors, toilet, shower plus a storeroom/workroom.
Realisation Auction: Premier Corner Investment 6 tenancies on 1 title with subdivision potential STCA.
Prominent 531m2* corner building.
Outstanding 318m2* Business 1 zoned site with a combined 54m* frontage.
Frankston City: Growth location with 2011 population of 126,458, up 9,865 since 2006 (Source: ABS).
Station Street: key thoroughfare between train station and thriving Bayside Shopping Centre with $367 million total centre sales in 2011 (Source: Colonial First State).
Interstate bidding is available by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 71.