24-28 Young Street,
Frankston, VIC 3199
Shops & Retail • Offices
Price information
Sold
$1,950,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 24-28 Young Street
High Yielding Freestanding Commercial Investment Opportunity
6 Shop Fronts, 6 Office Suites, 8 Strong Tenant Mix
This fully let retail/commercial investment offers the astute investor an excellent chance to secure a prime corner building in the heart of Frankston.
Brilliantly positioned on the corner of Dyson Place (directly opposite busy Frankston Train Station) and returning a net rental of $158,000 per annum (approx) it allows a straong cash flow combined with solid growth potential.
- Strong tenancy mix including H & R Block, solicitors and Government Services
- Security of income through a variety of tenancies
- Conservatively let with potential upside
- Possible strata conversion to add value (STCA)
- High yield expected
This fully let retail/commercial investment offers the astute investor an excellent chance to secure a prime corner building in the heart of Frankston.
Brilliantly positioned on the corner of Dyson Place (directly opposite busy Frankston Train Station) and returning a net rental of $158,000 per annum (approx) it allows a straong cash flow combined with solid growth potential.
- Strong tenancy mix including H & R Block, solicitors and Government Services
- Security of income through a variety of tenancies
- Conservatively let with potential upside
- Possible strata conversion to add value (STCA)
- High yield expected
Additional information
Documents
Property ID: 500720175Last Updated: 13 Dec 2013
24-28 Young Street
Frankston, VIC 3199
Cameron - Head Office3 Ordish Road
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
cameron Industrial Commercial - Frankston3 Ordish Road
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
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