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136 Frankston Flinders Road Frankston, VIC 3199

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136 Frankston Flinders Road,
Frankston, VIC 3199

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$920,000

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Map of 136 Frankston Flinders Road

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HIGH EXPOSURE INVESTMENT OPPORTUNITY

  • High Profile Corner
  • Always Great Exposure For The Future
This iconic high profile corner investment is offered for sale with two income sources.

Massive price reduction "Vendor says Sell"

This is a high profile opportunity certainly not to be missed and is ideal for a multitude of uses well into the future.

Civic Video Net income of approx $69500 plus GST

5-year lease (current term) commenced 2013 with a 5-year option (lease expires Sept 2018)

Second income from Telstra for a telco tower of approx $8181 PA (Plus GST).

10 years lease commencing May 2007 with 3 further options 5 years.

Total current net income of approximately $77700.00

Gross lettable area of approx 280 Square meters

20 off-street parks (common area) shared with Dominoes

The property is to be sold as a "Going Concern"

For a Section 32 including all lease docs please enquire today!

Terms 10% Deposit balance 60/90 days

Inspect today strictly by appointment

Call Trevor McCann 0407 043 932

Property ID: 501925994Last Updated: 2 Oct 2016

03 9781 18...
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136 Frankston Flinders Road
Frankston, VIC 3199
Century 21 Bayside Living - FRANKSTON
9 Playne Street
FRANKSTON, VIC 3199
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