2-14 Wells Street,
Frankston, VIC 3199
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 2-14 Wells Street
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
• 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
04092224...
2-14 Wells Street
Frankston, VIC 3199
Fitzroys - MelbourneLevel 27, 360 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
66-70 Wells Street,Frankston, VIC 3199 805 m²Shops & Retail • Development Sites & Land • Other