Share this property

realcommercial.com.au
Teska Carson Pty Ltd - Richmond

80-82 Young Street Frankston, VIC 3199

Directions

80-82 Young Street,
Frankston, VIC 3199

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Teska Carson Pty Ltd - Richmond
Matthew Feld
Reece Israel

Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121
Teska Carson Pty Ltd - Richmond
80-82 Young Street
Frankston, VIC 3199

Map of 80-82 Young Street

Directions

Secure Triple Net Investment - Land Tax exemption

  • Land Area: 363m2
  • Floor Area: 346m2
  • Commercial 1 Zoning
Teska Carson is pleased to offer 80-82 Young Street, Frankston for sale by Public Auction on Thursday 21st September 2023 at 12pm on-site.

Exceptional commercial investment opportunity with the following attributes:

- Land Tax exemption pursuant to Section 74 of the Land Tax Act 2005

- Five (5) year lease to 2027 plus two (2) further five (5) year options to 2037

- Leased to Vinnies with over 650 stores across Australia

- Income of $76,011 per annum + GST + Outgoings

- 9.7* metre double width frontage to Main Street and rear access via Gallery Lane

- Directly opposite the $87m upgraded Frankston Train Station car park with over 500 new parking spaces

Please call for further information or to arrange an inspection.


*Approx.

 

Property ID: 504398392Last Updated: 4 Nov 2023

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Teska Carson Pty Ltd - Richmond

Other properties you might be interested in based on the location and property type you are looking at.