Tenanted investment opportunity now offered for sale!
Car yard leased to Travis Motor Group in the heart of the City of Frankston. The subject property is located between Travis Honda and Hyundai.
Excellent Exposure with a wide Street frontage to Wells Road and surrounded by many of the worlds best know auotmotive brands including Honda, Hyundai Toyota, Holden, Nissan, Mitsubishi and many others.
A rare opportunity to secure an investment of this type in the City of Frankston centrally located to Eastlink, Peninsula link and Nepean Hwy
Land Size (approx) 998 m2 being a rectangular lot with measurements of approx 27.36 meters frontage x 36.48 depth.
Improvements include an office/ reception area, workshop/storage warehouse, wash bay and rear yard,
Zoned industrial 1
Current Rental: $67,571.00 (Net PA), plus GST
Lease Term: 5 year
Lease Commencement: 1st July 2015
Terms: 10% Deposit, Balance 60 days
Contact Trevor McCann for Section 32 and Contracts today on 0407 043 932. Inspections by appointment.