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Teska Carson Pty Ltd - Richmond

80-82 Young Street Frankston, VIC 3199

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80-82 Young Street,
Frankston, VIC 3199

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Teska Carson Pty Ltd - Richmond
Reece Israel
Matthew Feld

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

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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

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