Prominently positioned on New Street in the heart of Frankston's industrial estate. This fantastic property totals 255sqm* of building area. With a recent zone change to Commercial 2 this property provides enormous future opportunities (STCA).

Owned by the same family for over 18 years, Don't miss your opportunity to "snap up" a warehouse in the tightly held New Street.

Currently tenanted by "Circa Sixty & Co Pty Ltd" since 2021 returning a very modest $25,500 p.a. + GST + Outgoings. Lease expires 31/10/2023 with one (1) further option of two (2) years.

Key features Include:

* Total building size: 255sqm*
* Warehouse height up to 5.1m*
* Motorised roller door 3.5m* high
* Male & female amenities
* 3 carparks on title
* Commercial 2 Zone

GST: This property will be sold as a going concern
Terms: 10% deposit, balance due in 30/60/90 days
Auction: Thursday 28th July 2022 @ 12pm on site

For further information or to arrange an inspection, please contact

James Dodge
Josh Monks

PLEASE NOTE:

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

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