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Nichols Crowder - Carrum Downs

15 & 17 Rosella Street Frankston, VIC 3199

15 & 17 Rosella Street,
Frankston, VIC 3199

Warehouse, Factory & Industrial

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Secure Investment - Tightly Held Frankston Estate

Nichols Crowder is pleased to offer for sale this securely leased investment returning $58,617.27 per annum + GST + Outgoings.

The tenant, Duro-Lenz have occupied the property for over 20 years and have Three (3) years remaining on their current lease.

The property is located in the very tightly held Frankston Industrial estate. Properties in this location with a quality tenant like Duro-Lenz do not become available very often.

Key Features include:

* Total building area: 550sqm*
* Currently returning $58,617.27 p.a. + GST + Outgoings
* 5 x 5 x 5 year lease beginning November 2019
* Two titles
* Warehouse height up to 5m
* Two roller doors 3.7m high

For further information or to arrange an inspection, please contact

James Dodge 0488 586 8...
Josh Monks 0409 335 1...

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

Property ID: 503908582Last Updated: 11 Jul 2024

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Nichols Crowder - Carrum Downs

1 Colemans Rd
CARRUM DOWNS, VIC 3201
Nichols Crowder - Carrum Downs
15 & 17 Rosella Street
Frankston, VIC 3199

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