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G01/38 Playne Street, Frankston, VIC, 3199

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+8 Photos

+10 Photos

Properties / Buy / Victoria / Frankston

Tenanted Investment

1. Property Summary

Selling Method

For Sale

Selling Details

Contact Agent

Floor Area

566 m² (*approx)

Property Type

Retail, Offices

Car Spaces

Show All

2. Property Highlights

Imposing Commercial Investment

Substantial ground floor investment opportunity with 'blue chip' tenant.

This stand out building is located in the southern central CBD of Frankston and is close to General Public, The Hop Shop, Centrelink, Library and others.

We are offering the immaculately presented ground floor investment property to the market for the first time.

Key features include:

* Tenant is Brotherhood of St Laurence (offering customer services under the NDIS)

* Rent $202,591.56 p.a. net

* Building area: 566sqm*

* Frontage to Playne Street of 13 metres*

* A safe and secure investment

* Depreciation will apply to this near new property

* Lease expiry 30/06/2023 with 3 x 1 year options

For further information or to arrange an inspection, please contact:

Linda Ellis

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited

Remember to mention you found this property on CommercialReady