6/1035 Cranbourne Frankston Road,
Cranbourne, VIC 3977
Shops & Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Tenure type
Sold on
Map of 6/1035 Cranbourne Frankston Road
An Impressive Investment
- Auction On Site Thurs 20th April @ 1pm
- Prime Retail Pizza + Pasta Shop
- Main Road Site - Great Exposure
This established pizza shop has brilliant main road exposure to busy Cranbourne Frankston road and is central to ever increasing residential growth of Cranbourne West.
Residential redevelopment plans of the recently sold nearby Amstel Gold Course along with the ever expanding estates off Hall Road further highlight how this growth corridor continues to boom. Duplication plans for Hall Road are also in place to accommodate this rapid growth and improve the traffic link to and from the Westernport Hwy.
The tenant, Aussie Pizza and Pasta occupy approx 83m². They, along with 5 other outlets, are part of this specialised complex known as the Cranbourne West Food Hub, which is clearly recognisable by the road facing dedicated signage tower.
The complex includes a BP Service Station, a popular Car Wash, Subway, Flounder Fish and Chips, Hot Plate Bakery, Tandori Garden and Pacific Eats. These great neighbours will obviously attract a crowd.
- Lease: 10 + 10 Years Commencing 1st October 2012
- Rent : $31,742pa plus GST as of 1st October 2017
- Outgoings: All those applicable payable by the Tenant
- Reviews: 2% per annum - to market in 2022 and 2027 if option is exercised
- Permitted Use: Take Away Pizza and Pasta
- Parking: Common on-site
- Security: Personal Guarantee and Security Deposit $2500
- Zoning: General Residential
This main road shop provides an ideal opportunity to personally invest or add into your self managed Superfund.
Auction on site Thursday the 20th of April 2017 at 1pm, if not sold prior.
Residential redevelopment plans of the recently sold nearby Amstel Gold Course along with the ever expanding estates off Hall Road further highlight how this growth corridor continues to boom. Duplication plans for Hall Road are also in place to accommodate this rapid growth and improve the traffic link to and from the Westernport Hwy.
The tenant, Aussie Pizza and Pasta occupy approx 83m². They, along with 5 other outlets, are part of this specialised complex known as the Cranbourne West Food Hub, which is clearly recognisable by the road facing dedicated signage tower.
The complex includes a BP Service Station, a popular Car Wash, Subway, Flounder Fish and Chips, Hot Plate Bakery, Tandori Garden and Pacific Eats. These great neighbours will obviously attract a crowd.
- Lease: 10 + 10 Years Commencing 1st October 2012
- Rent : $31,742pa plus GST as of 1st October 2017
- Outgoings: All those applicable payable by the Tenant
- Reviews: 2% per annum - to market in 2022 and 2027 if option is exercised
- Permitted Use: Take Away Pizza and Pasta
- Parking: Common on-site
- Security: Personal Guarantee and Security Deposit $2500
- Zoning: General Residential
This main road shop provides an ideal opportunity to personally invest or add into your self managed Superfund.
Auction on site Thursday the 20th of April 2017 at 1pm, if not sold prior.
Explore property virtually
Video
Additional information
External websites
Property ID: 502335186Last Updated: 9 May 2017
04485665...
6/1035 Cranbourne Frankston Road
Cranbourne, VIC 3977
Facey Property - 10A EJ Court
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Liberty Cranbourne West, 930 Thompsons Road,Cranbourne West, VIC 3977 220 m²Shops & Retail • Other
Contact Agent
Thompsons Gateway, 1060 Thompsons Rd,Cranbourne West, VIC 3977 948 m²Shops & Retail • Offices • Showrooms & Large Format Retail
Contact Agent
Westernport Service Centre, 910 Thompsons Road,Cranbourne West, VIC 3977 672 m²Shops & Retail • Warehouse, Factory & Industrial • Development Sites & Land