Share this property

realcommercial.com.au
Teska Carson Pty Ltd - Richmond

32 Playne Street Frankston, VIC 3199

Directions

32 Playne Street,
Frankston, VIC 3199

Shops & Retail • Offices

Price information

Sale - Auction

Contact Agent

Key property information

Land area

Floor area

Car spaces

Private inspections

to arrange a private inspection.
Teska Carson Pty Ltd - Richmond
Stephen Speck
George Takis

Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121
Teska Carson Pty Ltd - Richmond
32 Playne Street
Frankston, VIC 3199

Map of 32 Playne Street

Directions
  • Train stations within 5 km of 32 Playne Street, Frankston, VIC 3199Distance
    Frankston Station403 m
    Leawarra Station1.7 km
    Kananook Station2.8 km
    Seaford Station4.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 32 Playne Street, Frankston, VIC 3199Distance
    Nepean Hwy/Playne St (Frankston)104 m
    Playne St/Young St (Frankston)126 m
    Frankston Arts Centre/Davey St (Frankston)170 m
    Davey St/Young St (Frankston)228 m
    Plowman Pl/Young St (Frankston)237 m
    POWERED BY HERE ©
POWERED BY HERE ©

STRATEGIC TRIPLE FRONTED INVESTMENT

  • Invest, Occupy, Develop
  • Significant 741sqm
  • Triple fronted site
Teska Carson is pleased to present 32 Playne Street for sale by Public Auction on Thursday 12th September at 1pm on site.

Located within the increasingly popular Mornington Peninsula, 32 Playne Street is ideally located in the heart of the Frankston CBD while being only 300 metres from the foreshore.

This prominent corner freehold comprising three tenancies provides an outstanding opportunity to invest, value add, occupy or future develop.

The key attributes of this unique opportunity include:

- Land Area 741m2*

- Multi-tenanted building with a combined area of 856m2*

- Current Rent of $125,000 per annum (two ground floor tenancies vacant)

- Significant potential for rental growth – estimated fully leased income: $215,000 per annum

- Solid building with rooftop parking

- 23 car spaces 

- Over 77 metres of street frontage including 45 metres facing Port Phillip Bay

32 Playne Street an outstanding opportunity to acquire a highly sought after freehold providing the opportunity to occupy or invest with significant future development potential in a this booming location.

Please call for further information or to arrange an inspection.

Property ID: 504661720Last Updated: 19 Aug 2024

Make an enquiry

What's your enquiry about?

Enter your details