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

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

Shops & Retail

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$1,290,000

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Map of 1,2 & 3, 9 Thompson St

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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

0407 043 9...
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1,2 & 3, 9 Thompson St
Frankston, VIC 3199

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