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445 Cranbourne-Frankston Road
Langwarrin VIC 3910
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Sold on 7 Feb 2023

445 Cranbourne-Frankston Road Langwarrin VIC 3910

  • Shop & Retail
  • 125 m²
  • Sold

OUTSTANDING FREEHOLD OPPORTUNITY - TIER 1 TENANT 5.83% YIELD

Offered for the first time since 1976 this exciting freehold opportunity is ideal for the astute investor that appreciates the value of a secure tier 1 tenant along with being ideally located in the fast growing south eastern Melbourne corridor.

Key property information

- Income of $136,992 pa. +GST
- Two further terms of 5 years out to 2035 with rent reviews
- Leased since 2010 to United Petroleum one of Australia's largest independent fuel retailers with 465 sites across Australia
- Tenant pays all outgoings
- Land area 2,456m2 - Floor area 125m2
- Brilliant exposure on main arterial between Bayside & the City of Casey
- Extensive fixtures and fittings incl: 3 x underground 45kL Fibreglass tanks, 2 x underground 40kL fibreglass tanks, Underground lines, Building and Canopy, Air-conditioning Systems & Compressors.

For Sale

Terms
Deposit - 10%
Settlement 60-90 days

Contact Harcourts Mornington for further information
Jeremy Slade 0407 689 024
Cameron Miller-Randle 0448 811 021

Peninsula Sales & Leasing
Peninsula Sales & Leasing
18/33 Milgate Drive
Mornington, VIC 3931

Property Highlights

Date Sold7 Feb 2023
Floor Area125 m²
Land Area2,456 m²
ParkingAsk Agent
Property ID2017884043
Category
 Shop & Retail
 Other
Last updated  9 Feb 2023
Map for 445 Cranbourne-Frankston Road Langwarrin VIC 3910

Nearest transport* to 445 Cranbourne-Frankston Road Langwarrin VIC 3910

Bus
Train
Tram
Ferry
Raneen Dr/Cranbourne-Frankston Rd (Langwarrin)45 m
Raneen Dr/Cranbourne-Frankston Rd (Langwarrin)100 m
Centre Rd/Cranbourne-Frankston Rd (Langwarrin)194 m
Potts Rd/Cranbourne-Frankston Rd (Langwarrin)203 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
 *Within a 4km radius
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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.
Peninsula Sales & Leasing
Peninsula Sales & Leasing
18/33 Milgate Drive
Mornington, VIC 3931

Property Highlights

Date Sold7 Feb 2023
Floor Area125 m²
Land Area2,456 m²
ParkingAsk Agent
Property ID2017884043
Category
 Shop & Retail
 Other
Last updated  9 Feb 2023

Listed by

Cameron Miller-Randle
Cameron Miller-Randle
Peninsula Sales & Leasing
Call
0448 811 021

Enquire about this property

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            More about 445 Cranbourne-Frankston Road Langwarrin VIC 3910

            445 Cranbourne-frankston Road Langwarrin VIC 3910 is categorized as Shop & Retail Property. It has a floor area of 125 m² and a land area of 2,456 m². The listing ID for this property is 2017884043.

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