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48 A,B & C Heatherhill Road
Frankston VIC 3199
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Sold on 10 Aug 2022

48 A,B & C Heatherhill Road Frankston VIC 3199

  • Shop & Retail
  • 234 m²
  • Sold

1 TITLE, 3 TENANCIES, MULTIPLE REVENUE STREAMS

PRIVATE SALE - INSPECT BY APPOINTMENT ONLY

Centred in the heart of a highly-successful, low-vacancy retail strip, this rare 3-in-1 offering comprises 3 fully-leased shopfronts on one title. With individual tenancies providing flexible options, the property offers multiple revenue sources to ensure a stable return& a substantial 631sqm* landholding with potential for future development (Subject to Council Approval).
.
- 3 individual shopfronts on one title
- 1 investment with multiple revenue streams

48A Heatherhill Rd., Frankston
Pier 151 Fish & Chips
- 67sqm* plus on-grade rear parking
- current rental $15,296pa plus outgoings

48B Heatherhill Rd., Frankston
Heatherhill Asian Take Away & Delivery
- 67sqm* plus on-grade rear parking
- current rental $17,826pa plus outgoings

48C Heatherhill Rd., Frankston
PharmaSave Heatherhill Road Pharmacy
- 100sqm* plus on-grade rear parking
- current rental $24,517pa plus outgoings

- all with strong presence enhanced by professional signage
- excellent street front angle parking including 2 adjacent Accessible Carspaces
- additional parking in a large rear parking lot
- boutique strip with a diverse business mix & low-vacancy rate
- a walk from Frankston Heights Primary
- 1 km from Monash Uni's Peninsula Campus
- 3kms from Frankston's CBD, station & beachfront
- close to the juncture of Peninsula Link Freeway & Frankston-Flinders & Hastings Roads
- at the gateway to the Peninsula, Red Hill & Westernport Bay

Multiply rewards with a 3-in-1 opportunity.
Count on 3 individual income streams for peace-of-mind.
Add a new level & develop value

For further details or to arrange an inspection please do not hesitate to contact our office.

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

DBRE Pty Ltd
DBRE Pty Ltd
121 Chesterville Road
Moorabbin, VIC 3189

Property Highlights

Date Sold10 Aug 2022
Floor Area234 m²
Land Area631 m²
ParkingAsk Agent
Property ID2017908568
Category
Last updated  12 Aug 2022
Map for 48 A,B & C Heatherhill Road Frankston VIC 3199
DBRE Pty Ltd
DBRE Pty Ltd
121 Chesterville Road
Moorabbin, VIC 3189

Property Highlights

Date Sold10 Aug 2022
Floor Area234 m²
Land Area631 m²
ParkingAsk Agent
Property ID2017908568
Category
Last updated  12 Aug 2022

Co-Agents

James Davie
James Davie
DBRE Pty Ltd
Call
0412 209 696
Kirsty Venning
Kirsty Venning
DBRE Pty Ltd
Call
0432057345

More about 48 A,B & C Heatherhill Road Frankston VIC 3199

48 A,b & C Heatherhill Road Frankston VIC 3199 is categorized as Shop & Retail Property. It has a floor area of 234 m² and a land area of 631 m². The listing ID for this property is 2017908568.

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