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62 Young Street & 1-5 Station Street Frankston, VIC 3199

62 Young Street & 1-5 Station Street,
Frankston, VIC 3199

Offices • Shops & Retail • Development Sites & Land

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SECURE RETAIL INVESTMENT WITH UPSIDE

  • High profile corner location
  • 6 retail tenancies
  • Potential income of $168,800 + GST p/a
FOR PRIVATE SALE

* High profile corner location with over 50 metres of street frontages
* Located in the heart of the $63 million Frankston Station precinct redevelopment
* 6 separate retail tenancies offering a diverse and secure income stream
* Currently returning $152,000 + GST per annum (approx.)
* Potential rental income of $168,800 + GST per annum (approx.)
* Land area: 318 SQM (approx.)
* Net lettable floor area: 532 SQM (approx.)
* Zoning: Commercial 1
* Multiple future development options
* Constant passing foot traffic due to its position being a key gateway to the Mall and the Bayside Shopping Centre
* Within immediate vicinity of Frankston Train Station, Frankston Bus Depot, Chisholm TAFE and Evocca Training College.

FOR AN IMMEDIATE INSPECTION CALL US TODAY!

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Property ID: 501766950Last Updated: 11 May 2016

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62 Young Street & 1-5 Station Street
Frankston, VIC 3199
Allard Shelton - MELBOURNE
Level 3, 267 Collins Street
MELBOURNE, VIC 3000

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