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2-14 Wells Street, Frankston, VIC, 3199

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2-14 Wells Street, Frankston, VIC, 3199

Frankston

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2-14 Wells Street, Frankston, VIC, 3199
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2-14 Wells Street, Frankston, VIC, 3199

Frankston

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2-14 Wells Street, Frankston, VIC, 3199

2-14 Wells Street, Frankston, VIC, 3199

Properties / Buy / Victoria / Frankston
Tenanted Investment
Selling Method
For Sale
Selling Details
Contact the Savills team Today
Land Area
428 m² (*approx)
Floor Area
600 m² (*approx)
Property Type
Retail, Offices
Sub-type
Cafe/Restaurant, Office Suites
Est. Income
$252,803 p/a
Show All
Prominent Corner Retail Investment Opportunity Frankston
  • Prime 428sqm* triple-fronted landholding
  • Returning $251,203* across 13 tenancies
  • Directly opposite Frankston Station

For Private Sale

Savills is delighted to offer for sale this prominent corner retail investment opportunity located at 2-14 Wells Street, Frankston.

The property benefits triple-frontage and is improved by a two-level building delivering a diversified income stream, with flexibility for value-add through refurbishment, repositioning or future development (STCA).

Key attributes of the property include:

• Prime 428sqm* triple-fronted landholding with extensive street frontage

• Substantial two level building of 600sqm*comprising ground floor retail & first floor office suites

• Returning $251,203* across 13 tenancies on varied lease terms

• Flexible Commercial 1 Zoned (C1Z) asset with scope for refurbishment, repositioning or future development (STCA)

• Prominent positioning within the heart of Frankston’s major retail, hospitality and commercial precinct

• Frankston is undergoing significant transformation underpinned by the $1.1 billion* Frankston Hospital redevelopment and over $500 million* of approved urban renewal projects throughout the precinct

*Approximate

For further information please contact:

Julian Heatherich - 0412 995 655

Beau Bakhtani - 0412 159 038

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

2-14 Wells Street Investment Summary

Property Type
Retail, Offices
Sub-type
Cafe/Restaurant, Office Suites
Est. Income
$252,803 p/a
Number Of Tenants
13
Land Area
428 m² (*approx)
Floor Area
600 m² (*approx)
Selling Method
For Sale
DATAROOM AVAILABLE
Request Access
Selling Details
Contact the Savills team Today

Investment Highlights

Prominent Corner Retail Investment Opportunity Frankston
  • Prime 428sqm* triple-fronted landholding
  • Returning $251,203* across 13 tenancies
  • Directly opposite Frankston Station

For Private Sale

Savills is delighted to offer for sale this prominent corner retail investment opportunity located at 2-14 Wells Street, Frankston.

The property benefits triple-frontage and is improved by a two-level building delivering a diversified income stream, with flexibility for value-add through refurbishment, repositioning or future development (STCA).

Key attributes of the property include:

• Prime 428sqm* triple-fronted landholding with extensive street frontage

• Substantial two level building of 600sqm*comprising ground floor retail & first floor office suites

• Returning $251,203* across 13 tenancies on varied lease terms

• Flexible Commercial 1 Zoned (C1Z) asset with scope for refurbishment, repositioning or future development (STCA)

• Prominent positioning within the heart of Frankston’s major retail, hospitality and commercial precinct

• Frankston is undergoing significant transformation underpinned by the $1.1 billion* Frankston Hospital redevelopment and over $500 million* of approved urban renewal projects throughout the precinct

*Approximate

For further information please contact:

Julian Heatherich - 0412 995 655

Beau Bakhtani - 0412 159 038

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Message
+61 412 995 655 [email protected] Message
Beau Bakhtani
Beau Bakhtani
+61 *** *** *** show +61 412 159 038
Message
+61 412 159 038 [email protected] Message
Access Dataroom

Download Development Site Report
Dataroom
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Message
+61 412 995 655 [email protected] Message
Beau Bakhtani
Beau Bakhtani
+61 *** *** *** show +61 412 159 038
Message
+61 412 159 038 [email protected] Message

Property Location of 2-14 Wells Street, Frankston, VIC, 3199

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Frankston Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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2-14 Wells Street, Frankston, VIC, 3199

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2-14 Wells Street, Frankston, VIC, 3199 Frankston
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Savills Melbourne
Savills Melbourne
80, Collins Street, Melbourne, Victoria, Australia, 3000
View Agency Profile
Julian Heatherich
Julian Heatherich
+61 *** *** *** show +61 412 995 655
Beau Bakhtani
Beau Bakhtani
+61 *** *** *** show +61 412 159 038
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