620 Frankston-Dandenong Road,
Carrum Downs, VIC 3201
Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail
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Map of 620 Frankston-Dandenong Road
SOLD PRIOR TO AUCTION
SOLD PRIOR TO AUCTION
Purpose built funeral parlor securely leased to Bethel Funerals (Word Investments Limited). New 10 year lease with 2 x 5 year options from the 20/6/2014 plus GST plus outgoings.
Rent reviews are fixed. Year 3 $150,000p.a. Year 4 $160,000p.a and thereafter 3.5% p.a.
The tenants have paid a 12 month rental bank guarantee.
The total area is approximately 5,690m2 which provides scope for future development opportunity, i.e. restaurant, medical centre, veterinary clinic, childcare centre etc. (STCA).
Prime Frankston Dandenong Road location with 3 street frontages.
Terms of sale: 10% deposit, Balance 60 days
NICHOLS CROWDER
Michael Crowder 0408 358 9...
CAMERON INDUSTRIAL COMMERCIAL
Peter Blake 0419 308 0...
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Purpose built funeral parlor securely leased to Bethel Funerals (Word Investments Limited). New 10 year lease with 2 x 5 year options from the 20/6/2014 plus GST plus outgoings.
Rent reviews are fixed. Year 3 $150,000p.a. Year 4 $160,000p.a and thereafter 3.5% p.a.
The tenants have paid a 12 month rental bank guarantee.
The total area is approximately 5,690m2 which provides scope for future development opportunity, i.e. restaurant, medical centre, veterinary clinic, childcare centre etc. (STCA).
Prime Frankston Dandenong Road location with 3 street frontages.
Terms of sale: 10% deposit, Balance 60 days
NICHOLS CROWDER
Michael Crowder 0408 358 9...
CAMERON INDUSTRIAL COMMERCIAL
Peter Blake 0419 308 0...
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Property ID: 501754642Last Updated: 28 May 2024
620 Frankston-Dandenong Road
Carrum Downs, VIC 3201
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