1,2 & 3, 9 Thompson St,
Frankston, VIC 3199

Shops & Retail

Price information

Sold

$1,290,000

Detailed listing

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Municipality

Tenure type

Sold on

Map of 1,2 & 3, 9 Thompson St

Directions

Investment Opportunity Executors Auction

Three Street Frontages
Three Separate incomes
Development Potential (STCA)

An Investment opportunity with three separate rental incomes from three tenancies. The property is on one title and situated in the central activity center in the heart of Frankston. The property has the advantage of three frontages with side and rear access. 3 tenants carparks at the rear.

- Offered as a Going Concern.
- Building Area: Approx 369 sqm
- Land Area: 446 sqm
- Rental income total: $ 64,058.76 (Plus GST)

TENANCY PARTICULARS
Shop 1: Telstra Business Showroom
Current Rental: $1800 pcm (plus GST)

Shop 2:Takeaway Food/Café
Current Rental: $2511.23 pcm (plus GST)

Shop 3: Retail Sales & Storage, (rear of Shop 1 & 2 Part of Bounty Shop).
Current Rental: $1027 pcm (plus GST).

TERMS OF SALE:
Terms 10% deposit
Settlement 19th January 2018

PROPERTY INSPECTIONS:
Strictly by appointment Contact Trevor McCann 04070439...

Property ID: 502563170Last Updated: 20 Dec 2017

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