6 Overton Road,
Frankston, VIC 3199
Medical & Consulting
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MORNINGTON PENINSULA MEDICAL INVESTMENT
CBRE Victorian Health, Aged & Child Care are delighted to present 6 Overton Road, Frankston to the market for sale via Public Auction.
An outstanding opportunity to secure a strategic medical investment located in Melbourne’s growing beachside ‘hotspot’. Frankston City in recent years has experienced an increasing trend in significant; investment and development activity, infrastructure, education, health and social investment services from the private and public sector to the tune of over $550million in recent times, underpinning the attractiveness of the location and opportunity.
The difficulty in acquiring property with such a strong lease covenant is not to be underestimated, not to mention the fact that this property boasts the following key features:
- Outstanding freestanding medical investment leased to Signature Smile Studio
- Returning $75,000 pa* + outgoings + GST complemented by 4% fixed annual rental increases providing exciting income growth prospects
- 2 Tiers of lease security - security deposit of $37,500 and Director's Guarantee
- Irreplaceable multi-frontage land holding of 628sqm* favourably zoned Commercial 1
- Close to a plethora of amenity including the Bayside Shopping Centre (1.5km*), Frankston Train Station (1.7km*) and bus networks, Frankston Beach / Waterfront and recreation attractions
- Linkages to major road networks connecting Melbourne CBD and famed Mornington Peninsula and tourist region
For Sale via Public Auction on Thursday 12th October 12:30pm
*approx.
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Jing Jun Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
An outstanding opportunity to secure a strategic medical investment located in Melbourne’s growing beachside ‘hotspot’. Frankston City in recent years has experienced an increasing trend in significant; investment and development activity, infrastructure, education, health and social investment services from the private and public sector to the tune of over $550million in recent times, underpinning the attractiveness of the location and opportunity.
The difficulty in acquiring property with such a strong lease covenant is not to be underestimated, not to mention the fact that this property boasts the following key features:
- Outstanding freestanding medical investment leased to Signature Smile Studio
- Returning $75,000 pa* + outgoings + GST complemented by 4% fixed annual rental increases providing exciting income growth prospects
- 2 Tiers of lease security - security deposit of $37,500 and Director's Guarantee
- Irreplaceable multi-frontage land holding of 628sqm* favourably zoned Commercial 1
- Close to a plethora of amenity including the Bayside Shopping Centre (1.5km*), Frankston Train Station (1.7km*) and bus networks, Frankston Beach / Waterfront and recreation attractions
- Linkages to major road networks connecting Melbourne CBD and famed Mornington Peninsula and tourist region
For Sale via Public Auction on Thursday 12th October 12:30pm
*approx.
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Jing Jun Heng 王敬君
+61 411 059 116
jj.heng@cbre.com.au
David Minty
+61 422 564 199
david.minty@cbre.com.au
Property ID: 502556142Last Updated: 3 Sep 2021
04393991...
6 Overton Road
Frankston, VIC 3199
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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