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2-14 Wells Street Frankston, VIC 3199

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2-14 Wells Street,
Frankston, VIC 3199

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Frankston’s Best Corner - Freehold Investment - London House

  • Corner location opposite train station
  • Multiple Income Streams
  • Strategic Investment with upside
• Central Frankston location
• Strategic land holding of 429m2
• Substantial building of 800 m2 - Improvements comprise eight (8) ground floor retail shops and commercial office accommodation to the first floor.
• Corner location opposite the railway station – Three (3) street frontages
• Current Rent $179,000pa plus GST plus outgoing approx. Fully leased potential income of $220,000 approx.
• Multiple income streams
• Enormous future upside
• Frankston is undergoing multiple government improvement projects including the $100 million upgrade to the Frankston train line, The Wells street improvement project and the Frankston Station Precinct Redevelopment

Auction date: Thursday 15th October at 1pm onsite - Terms: 10% deposit, balance 60 days

Property ID: 501707865Last Updated: 7 Aug 2017

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2-14 Wells Street
Frankston, VIC 3199
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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