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2. Property Highlights

Freestanding Freehold Investment
  • 5x5 year lease to Programmed Maintenance
  • $119,000 Net return
  • Freehold investment

- 5 x 5 year Lease to Programmed Maintenance

- www.programmed.com.au

- Returning $119,000 pa + GST + all outgoings (including land tax)

- Commenced 1 August 2022

- 3.5% Annual reviews

- Bank Guarantee equivalent to 6 month's rent

- Extensively renovated building

- Depreciation benefits

- Masonry construction

- High clearance factory area

- Internal yard with roller door access to the street

- Located in Frankston's Commercial 2 zone

- 947sqm of Land

- Wash Bay & triple interceptor

- Large natural gas supply

Remember to mention you found this property on CommercialReady

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3. Property Location

1 New Street, Frankston, VIC, 3199

Property Map

4. Due Diligence

Site Report Available

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Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
1 New Street, Frankston, VIC, 3199 Frankston
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