Return-It, 4-8 Donald Avenue,
Frankston, VIC 3199
Warehouse, Factory & Industrial • Other
Price information
Sale - Expression of Interest closing Thu 4 Jul
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$97,850
Number of Tenants
1 Tenant
Tenants / Type
Return-It
Expression of Interest
Private inspections
to arrange a private inspection.
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Return-It, 4-8 Donald Avenue
Frankston, VIC 3199
Map of Return-It, 4-8 Donald Avenue
Train stations within 5 km of Return-It, 4-8 Donald Avenue, Frankston, VIC 3199 Distance Kananook Station 1.2 km Frankston Station 1.3 km Leawarra Station 2.4 km Seaford Station 3.1 km POWERED BY HERE ©Bus stops within 5 km of Return-It, 4-8 Donald Avenue, Frankston, VIC 3199 Distance Overton Rd/Frankston-Dandenong Rd (Frankston) 71 m Kookaburra St/Dandenong Rd (Frankston) 156 m Corlett St/Dandenong Rd East (Frankston) 186 m Hope Ct/Dandenong Rd East (Frankston) 301 m Bradshaw St/Orwil St (Frankston) 306 m POWERED BY HERE ©
POWERED BY HERE ©
Affordable Freehold Industrial Investment | Tenant Pays 100% of Outgoings including Land Tax
- New 3 Year Lease to 2026 plus Opt
- Fixed 3% Annual Rent Increases
- $515m CDS Investment into Victoria
Burgess Rawson are pleased to offer the RETURN-IT freehold investment located at 4-8 Donald Avenue, Frankston VIC for sale via Expressions of Interest closing 3pm Thursday 4 July 2024.
Investment highlights include:
+ New Three (3) year lease to through to 2026 plus one (1) further option through to 2028.
+ RETURN-IT: wholly owned subsidiary of Re.Group, offering recycling services for 4+ million people across 35 LGA’s. (1)
+ Container Deposit Scheme (CDS VIC): A Victorian Government initiative with a $515 million investment set to improve the Victorian waste and recycling sector, aiming to divert 80% of all materials away from landfill by 2030. (2)
+ Minimal management investment, investor friendly net lease, with tenant paying all usual outgoings including single holding land tax.
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Recent capital intensive fit-out carried out by the tenant including purpose building sorting machines, all to the tenant's latest corporate design and layout.
+ High Profile 661 sqm* landholding providing 19.2 metres* of frontage and exposure to Donald Avenue.
+ Strategic location within the premium automotive and large format retail showroom precinct which includes Ford, Toyota, Kia, Hyundai, Nissan, Subaru, Mitsubishi plus many more.
+ Within 400m* Frankston Freeway and Frankston-Dandenong Road on and off ramps, seeing a combined 84,000 vehicles passing daily. (3)
+ Frankston: Major commercial, retail, education and transport hub servicing the Mornington Peninsula, with a growing population forecast to increase 40% by 2041. (4)
+ Frankston is the gateway to the Mornington Peninsula: Tourism up 55% year-on-year with total domestic tourists reaching 8.23 million people. (5)
+ Net Income: $97,850 pa* + GST.
Expressions of Interest
Closing 3pm (AEST) Thursday 4 July 2024
For further information please contact the agents directly
Available for individual sale or in one line:
126 Dandenong Road West – TJM 4x4
+ New Ten (10) year lease to 2033 plus options 2038.
+ Tenant pays all outgoings including Land Tax.
+ Net Income: $297,800 pa* + GST.
*Approximately
(1) Re.Group
(2) CDS Victoria
(3) GapMaps
(4) Forecast.id
(5) Mornington Peninsula Shire
Investment highlights include:
+ New Three (3) year lease to through to 2026 plus one (1) further option through to 2028.
+ RETURN-IT: wholly owned subsidiary of Re.Group, offering recycling services for 4+ million people across 35 LGA’s. (1)
+ Container Deposit Scheme (CDS VIC): A Victorian Government initiative with a $515 million investment set to improve the Victorian waste and recycling sector, aiming to divert 80% of all materials away from landfill by 2030. (2)
+ Minimal management investment, investor friendly net lease, with tenant paying all usual outgoings including single holding land tax.
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Recent capital intensive fit-out carried out by the tenant including purpose building sorting machines, all to the tenant's latest corporate design and layout.
+ High Profile 661 sqm* landholding providing 19.2 metres* of frontage and exposure to Donald Avenue.
+ Strategic location within the premium automotive and large format retail showroom precinct which includes Ford, Toyota, Kia, Hyundai, Nissan, Subaru, Mitsubishi plus many more.
+ Within 400m* Frankston Freeway and Frankston-Dandenong Road on and off ramps, seeing a combined 84,000 vehicles passing daily. (3)
+ Frankston: Major commercial, retail, education and transport hub servicing the Mornington Peninsula, with a growing population forecast to increase 40% by 2041. (4)
+ Frankston is the gateway to the Mornington Peninsula: Tourism up 55% year-on-year with total domestic tourists reaching 8.23 million people. (5)
+ Net Income: $97,850 pa* + GST.
Expressions of Interest
Closing 3pm (AEST) Thursday 4 July 2024
For further information please contact the agents directly
Available for individual sale or in one line:
126 Dandenong Road West – TJM 4x4
+ New Ten (10) year lease to 2033 plus options 2038.
+ Tenant pays all outgoings including Land Tax.
+ Net Income: $297,800 pa* + GST.
*Approximately
(1) Re.Group
(2) CDS Victoria
(3) GapMaps
(4) Forecast.id
(5) Mornington Peninsula Shire
Property ID: 504604084Last Updated: 27 Jun 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
TJM 4x4, 126 Dandenong Road West,Frankston, VIC 3199 1113 m²Showrooms & Large Format Retail • Shops & Retail • Warehouse, Factory & Industrial