59-61 High Street,
Cranbourne, VIC 3977
Shops & Retail • Offices
Price information
Sale
$2,450,000
Key property information
Land area
Floor area
Tenure type
Private inspections
to arrange a private inspection.
Map of 59-61 High Street
Train stations within 5 km of 59-61 High Street, Cranbourne, VIC 3977 Distance Cranbourne Station 1.3 km Merinda Park Station 3.9 km POWERED BY HERE ©Bus stops within 5 km of 59-61 High Street, Cranbourne, VIC 3977 Distance Cranbourne Integrated Care Centre/Sladen St (Cranbourne) 191 m Childers St/Codrington St (Cranbourne) 217 m Cranbourne Park SC/Lyall St (Cranbourne) 250 m Cranbourne Park SC High St 292 m Codrington StSladen St 308 m POWERED BY HERE ©
POWERED BY HERE ©
Dual Income Retail Investment in Prime Position
First National Finning Commercial is pleased to offer two retails shops, side by side on one title.
With strong rental income under pinned by a generous land component this outstanding freehold represents unlimited long term development opportunity (STCA).
Key property features include:
- Combined rental income $ 111,600 pa net
- Land area 547m2 approx with 10m frontage to High Street
- Building area combined 282m2 (approx)
- Activity Centre Zone 1
- On site private carpark at rear
- Central location adjacent to Cranbourne Park shopping center
- Good quality tenants
- Tightly held High street location
- 59 High, Size :93m2 (approx) secure lease until 2027 with options 3x 3.
Net income $39,000 Tenant pays all usual outgoings
- 61 High Size :189 m2 ( approx) secure Lease until Aug 2025 with options 3+3
Net Income $ 72,597 pa Tenant pays all usual outgoings
With strong rental income under pinned by a generous land component this outstanding freehold represents unlimited long term development opportunity (STCA).
Key property features include:
- Combined rental income $ 111,600 pa net
- Land area 547m2 approx with 10m frontage to High Street
- Building area combined 282m2 (approx)
- Activity Centre Zone 1
- On site private carpark at rear
- Central location adjacent to Cranbourne Park shopping center
- Good quality tenants
- Tightly held High street location
- 59 High, Size :93m2 (approx) secure lease until 2027 with options 3x 3.
Net income $39,000 Tenant pays all usual outgoings
- 61 High Size :189 m2 ( approx) secure Lease until Aug 2025 with options 3+3
Net Income $ 72,597 pa Tenant pays all usual outgoings
Property ID: 504699668Last Updated: 29 Sep 2024
04188009...
59-61 High Street
Cranbourne, VIC 3977
Finning First National - Cranbourne148 High Street
CRANBOURNE, VIC 3977
CRANBOURNE, VIC 3977
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