For Sale - Lots 1 & 3 (Combined) Perfect for Investors and Owner Occupier / Investors.
These 2 adjoining lots are being offered to the market for private sale.
Wonderfully positioned in arguably Frankston's busiest shopping street, and directly opposite Hoyts Cinemas; it's neighbouring food retailers, and large car park. Other quality neighbours include ANZ Bank, Discount Chemist Warehouse, My Style, KX Pilates and many others.
Total land area of approximately 405sqm*
LOT 1 Front facing Wells Street Land area: 230sqm* Shop area: 258sqm*
Currently vacant. Perfect to lease out or occupy. This part of the whole property has impressive features which include:
* Substantially wide frontage * Fabulous fitout * Shop is on one level (and occupies part of Lot 3) * Own dedicated facilities * Air conditioned * Parking on site * Very well maintained * Situated front and centre in Wells Street
LOT 3 Facing Stiebel Place Land area: 175sqm* Shop area: 105sqm*
Tenanted shop on secure lease.
Tenant trades as Alley Barber - a very long established and successful business in an eclectic setting.
The tenancy occupies part of Lot 3. Features of this tenanted investment are:
* Current 3 year lease with options. * A demolition clause is contained in the lease. * Net rental return of $35,560 p.a. * Annual rent reviews. * Own dedicated facilities. * Parking onsite
For further information or to arrange an inspection, please contact:
Linda Ellis - 0400 480 397
NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated. All images and renders are subject to copyright.
No open times scheduled. Contact Agent to arrange a viewing.
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