The Laughing Lark Café, 1/16 Clyde Street Mall,
Frankston, VIC 3199
Shops & Retail • Hotel, Motel & Leisure • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
The Laughing Lark Café, 1/16 Clyde Street Mall
Frankston, VIC 3199
Map of The Laughing Lark Café, 1/16 Clyde Street Mall
New 5 Year Lease to 2027 | Attention $750k Buyers
- 5 +5 +5 year lease to experience
- Corner position next to Bayside SC
- Attractive 3.5% fixed annual rent
+ 5 year lease to 2027 to experienced hospitality operator, plus two further 5 year options to 2037.
+ Laughing Lark Café: locally owned and licensed café, with an extensive menu with fresh ingredients and open 6 days a week.
+ Attractive 3.5% fixed annual rent increases, ensuring future rental growth
+ Immaculate and brand new tenant fit-out
+ Modern 135sqm* corner premises in the heart of Frankston’s commercial trade catchment.
+ Tenant pays all usual outgoings as per the lease.
+ Important 3 month bank guarantee
+ Single tenanted investment, requiring minimum management.
+ Positioned directly opposite the Vicinity-owned Bayside Centre, a triple supermarket and DDS shopping centre anchored by Coles, Woolworths, ALDI, Kmart and Target, complemented by over 145 specialty stores - services 12.2 million visitors annually.
+ Strategically positioned within 100* metres of the Frankston train station.
+ Frankston: a major commercial, retail, education and transport hub servicing Southern suburbs and the Mornington Peninsula.
+ Net Income: $46,575 pa + GST
+ Laughing Lark Café: locally owned and licensed café, with an extensive menu with fresh ingredients and open 6 days a week.
+ Attractive 3.5% fixed annual rent increases, ensuring future rental growth
+ Immaculate and brand new tenant fit-out
+ Modern 135sqm* corner premises in the heart of Frankston’s commercial trade catchment.
+ Tenant pays all usual outgoings as per the lease.
+ Important 3 month bank guarantee
+ Single tenanted investment, requiring minimum management.
+ Positioned directly opposite the Vicinity-owned Bayside Centre, a triple supermarket and DDS shopping centre anchored by Coles, Woolworths, ALDI, Kmart and Target, complemented by over 145 specialty stores - services 12.2 million visitors annually.
+ Strategically positioned within 100* metres of the Frankston train station.
+ Frankston: a major commercial, retail, education and transport hub servicing Southern suburbs and the Mornington Peninsula.
+ Net Income: $46,575 pa + GST
Property ID: 504395880Last Updated: 19 Dec 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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