33 Playne St,
Frankston, VIC 3199
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CRS Property - Melbourne
Level 4, 256 Queen StreetMELBOURNE, VIC 3000
33 Playne St
Frankston, VIC 3199
Map of 33 Playne St
PRIME COMMERCIAL FREEHOLD, 33 PLAYNE ST FRANKSTON.
AUCTION 2nd December at 12.00pm onsite
* Securely Leased to a long-standing Law Firm, this outstanding investment opportunity is for the astute buyer.
* Lettable floor area 260sqm
* Total site area 325sqm [approx.]
* Lease Expiry, December 2026, with 3 further 5 year option terms.
* Secured by Bank Guarantee.
* Net Annual Rental, $90,000 pa. paid monthly in advance.
* Annual Reviews of 3%.
* Tenant pays all outgoings excluding Land Tax.
* The premises is ideally situated being only 250 metres from Frankston Council, 250 metres from the new Frankston Public Transport Interchange, and 200 metres from Bayside Shopping Centre.
* As a major suburb, Frankston is fast becoming the "place to invest" with in excess of $1 billion dollars being recently spent and committed to future development in the area.
* This property would suit self-managed Superannuation funds or Private Investors.
To make further enquiries regarding this property including an Information Memorandum please contact:
Tom Ayfantis on 0408 574 0... or Myles Snow on 0418 314 1...
* Securely Leased to a long-standing Law Firm, this outstanding investment opportunity is for the astute buyer.
* Lettable floor area 260sqm
* Total site area 325sqm [approx.]
* Lease Expiry, December 2026, with 3 further 5 year option terms.
* Secured by Bank Guarantee.
* Net Annual Rental, $90,000 pa. paid monthly in advance.
* Annual Reviews of 3%.
* Tenant pays all outgoings excluding Land Tax.
* The premises is ideally situated being only 250 metres from Frankston Council, 250 metres from the new Frankston Public Transport Interchange, and 200 metres from Bayside Shopping Centre.
* As a major suburb, Frankston is fast becoming the "place to invest" with in excess of $1 billion dollars being recently spent and committed to future development in the area.
* This property would suit self-managed Superannuation funds or Private Investors.
To make further enquiries regarding this property including an Information Memorandum please contact:
Tom Ayfantis on 0408 574 0... or Myles Snow on 0418 314 1...
Property ID: 503938110Last Updated: 25 Jan 2022
CRS Property - MelbourneLevel 4, 256 Queen Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000