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Gorman Allard Shelton is pleased to offer 21-23 Playne Street & 1-3 Thompson Street, Frankston for sale via way of public auction on Thursday 7th December at 12 noon on-site.
The property presents a rare investment opportunity leased with multiple income streams and underpinned by a prime corner land holding.
* Combined Income: $173,240 pa + GST + outgoings
* Land area: 730 sqm (approx.)
* Building area: 625 sqm (approx.)
* Prime Commercial 1 zoning
* Securely leased with three income streams to two allied health tenancies and well renowned local café, Nature Café Bar
* Prominently located on the corner of Playne and Thompson Street and within the heart of Frankston
* Walking distance to the beach, Frankston Train Station, cinemas, Bayside Shopping Centre plus a number of entertainment options within the immediate area
* Combined two street frontages to Playne & Thompson Street of 62+ metres
* Huge development potential and within a precinct allowing for multi-level mixed use development
Remember to mention you found this property on CommercialReady
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