72 Young Street,
Frankston, VIC 3199
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Teska Carson Pty Ltd - Richmond
6 Yorkshire StreetRICHMOND, VIC 3121
72 Young Street
Frankston, VIC 3199
Map of 72 Young Street
SECURE INVESTMENT WITH BRAND NEW 20 YEAR LEASE (5+5+5+5)
- One of Australia’s largest retailers
- Brand new 20 year lease (5+5+5+5)
- Directly opposite Frankston Station
Teska Carson is pleased to offer 72 Young Street, Frankston for sale by Public Auction on Wednesday 21 June 2023 at 1pm on-site.
Situated directly across from the newly renovated Frankston Station ($63m upgrade) this is an A grade investment opportunity with the following attributes:
- Brand new 20 year lease (5+5+5+5)
- Income of $75,000 per annum plus GST & Outgoings (excluding land tax)
- Annual CPI increases with market review at exercise of option
- Land area of 289 square metres with valuable 7.7 metre double width frontage
- Benefits from 2 car parks and rear road access
- 7 Eleven is one of Australia’s biggest retailers with in excess of 700 stores nationwide
- Lease directly held by 7 Eleven
- Directly opposite the $87m upgraded Frankston Train Station Car Park with over 500 new car parks
Please call for further information or to arrange an inspection.
Situated directly across from the newly renovated Frankston Station ($63m upgrade) this is an A grade investment opportunity with the following attributes:
- Brand new 20 year lease (5+5+5+5)
- Income of $75,000 per annum plus GST & Outgoings (excluding land tax)
- Annual CPI increases with market review at exercise of option
- Land area of 289 square metres with valuable 7.7 metre double width frontage
- Benefits from 2 car parks and rear road access
- 7 Eleven is one of Australia’s biggest retailers with in excess of 700 stores nationwide
- Lease directly held by 7 Eleven
- Directly opposite the $87m upgraded Frankston Train Station Car Park with over 500 new car parks
Please call for further information or to arrange an inspection.
Property ID: 504330128Last Updated: 31 Oct 2023
Teska Carson Pty Ltd - Richmond6 Yorkshire Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
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