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230-232 Marine Parade & 2 Barclay Crescent,
Hastings, VIC 3915
Shops & Retail • Warehouse, Factory & Industrial
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Cameron - Head Office
3 Ordish RoadDANDENONG SOUTH, VIC 3175
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230-232 Marine Parade & 2 Barclay Crescent
Hastings, VIC 3915
Map of 230-232 Marine Parade & 2 Barclay Crescent
Unlock Lucrative Potentials: Income with Explosive Growth Opportunities (STCA)
- Substantial future development (STCA)
- Corner site with Dual main road frontage
- 3 Separate tenancies
Cameron is excited to offer for sale this impressive investment opportunity, located at 230-232 Marine Parade & 2 Barclay Crescent, Hastings.
Spanning 11,300m2* offering 1 titled property with 3 separate tenancies. The property is situated within one of the Peninsula's major industrial precincts being well serviced by Frankston-Flinders Road and Western Port Highway as well as Hastings Rail network.
Key Property features include:
- Prominent corner site with main road frontage
- Industrial 3 Zone
- 3x Separate tenancies
- Substantial future development upside (STCA)
Investment Summary:
230 Marine Parade, Hastings
Tenant: Coates Hire Operations Pty Ltd
Lease expires: May 2029
Return: $141,101.40PA plus GST & Outgoings
Property features:
- Showroom
- Work shop
- Multiple roller doors
- Dual access
- Lunchroom
- Sizeable yard area
232 Marine Parade, Hastings
Tenant: Caravan Repairs servicing and Storage
Returning – $38,472.60PA plus GST
5 Year term
Option 2x 5 years
Commencement – 17/06/2022
CPI increases annually
2 Barclay Crescent, Hastings
Tenant – Private Tenancy
Term – Month to Month
Returning - $12,000PA plus GST
For further information or to arrange a site inspection, please contact Cheryl Yeats and James Roux at Cameron.
*Approximate.
Spanning 11,300m2* offering 1 titled property with 3 separate tenancies. The property is situated within one of the Peninsula's major industrial precincts being well serviced by Frankston-Flinders Road and Western Port Highway as well as Hastings Rail network.
Key Property features include:
- Prominent corner site with main road frontage
- Industrial 3 Zone
- 3x Separate tenancies
- Substantial future development upside (STCA)
Investment Summary:
230 Marine Parade, Hastings
Tenant: Coates Hire Operations Pty Ltd
Lease expires: May 2029
Return: $141,101.40PA plus GST & Outgoings
Property features:
- Showroom
- Work shop
- Multiple roller doors
- Dual access
- Lunchroom
- Sizeable yard area
232 Marine Parade, Hastings
Tenant: Caravan Repairs servicing and Storage
Returning – $38,472.60PA plus GST
5 Year term
Option 2x 5 years
Commencement – 17/06/2022
CPI increases annually
2 Barclay Crescent, Hastings
Tenant – Private Tenancy
Term – Month to Month
Returning - $12,000PA plus GST
For further information or to arrange a site inspection, please contact Cheryl Yeats and James Roux at Cameron.
*Approximate.
Property ID: 504585800Last Updated: 8 Aug 2024
Cameron - Head Office3 Ordish Road
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
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