This sizeable freehold property is for sale or for lease. Perfectly positioned next to Vicinity's Bayside Shopping Centre, and on busy Beach Street in the heart of Frankston's retail precinct, 24 Beach Street is a stand-out.
With a retail/showroom area of 424sqm* on land of 497sqm*, the property will suit many uses including retail, showroom, professional services, or medical practices (STCA).
To Purchasers:
Aussie Disposals have occupied this site for over 50 years. They are currently on a monthly over holding lease, paying $87,500 per annum net + GST.
This is a perfect property to either own and occupy, or to tenant as an income producing investment.
To Tenants:
Here is your opportunity to lease this impressive shop. With a wide frontage to Beach Street of 12.19m*, plus there is land at the rear for parking and/or delivery access.
Very reasonable rent and terms.
Some of the many features include:
* Zone: Commercial 1 Zone
* Building area: 424sqm*
* Land area: 497sqm*
* Layout: Mostly open plan allowing scope to divide/renovate
* Tenant: Aussie Disposals on monthly tenancy
* Rental income: $87,500 per annum
* Available: For Sale with income or vacant possession
* Available: For Lease with vacant possession
For further information or to arrange an inspection, please contact the listing agent, and please indicate whether you are interested to purchase or lease.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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