Corner the market with this multi-tenanted, income-producing investment with an outstanding tenancy history. Set in the heart of Frankston’s Central Activities District with high volume foot traffic. First time offered in thirty-seven years.
With all eight downstairs retail shops fully leased and eleven first floor office suites partially leased, the property offers enormous potential to refurbish or redevelop (STCA).
* Current Rental income $142000 PA
* Higher Yield Potential
* Very Busy Landmark Corner
* Diagonally opposite Station and Transit interchange
* Land Area 428m2 (approx)
* Building Area 595m2 (approx)
The property offers a unique opportunity for the astute investor/developer.
* Terms: 10% Deposit
* Balance 60/90
INSPECT TODAY by appointment only contact: Trevor McCann 9781 1822 or 0407043932