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59-61 High Street
Cranbourne VIC 3977
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59-61 High Street Cranbourne VIC 3977

  • Shop & Retail
  • 282 m²
  • For Sale, $2,450,000 (GST na)

Dual Income Retail Investment in Prime Position

    First National Finning Commercial is pleased to offer two retails shops, side by side on one title.
    With strong rental income under pinned by a generous land component this outstanding freehold represents unlimited long term development opportunity (STCA).

    Key property features include:

    - Combined rental income $ 111,600 pa net
    - Land area 547m2 approx with 10m frontage to High Street
    - Building area combined 282m2 (approx)
    - Activity Centre Zone 1
    - On site private carpark at rear
    - Central location adjacent to Cranbourne Park shopping center
    - Good quality tenants
    - Tightly held High street location
    - 59 High, Size :93m2 (approx) secure lease until 2027 with options 3x 3.
    Net income $39,000 Tenant pays all usual outgoings
    - 61 High Size :189 m2 ( approx) secure Lease until Aug 2025 with options 3+3
    Net Income $ 72,597 pa Tenant pays all usual outgoings

    Finning First National
    Finning First National
    148 High Street
    Cranbourne, VIC 3977

    Property Highlights

    Floor Area282 m²
    Land Area547 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019524995
    Category
    Last updated  29 Sep 2024
    Map for 59-61 High Street Cranbourne VIC 3977
    Finning First National
    Finning First National
    148 High Street
    Cranbourne, VIC 3977

    Property Highlights

    Floor Area282 m²
    Land Area547 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019524995
    Category
    Last updated  29 Sep 2024

    Listed by

    Rick Lauretta
    Finning First National
    Call
    0418 800 913

    More about 59-61 High Street Cranbourne VIC 3977

    59-61 High Street Cranbourne VIC 3977 is categorized as Shop & Retail Property. It has a floor area of 282 m² and a land area of 547 m². The listing ID for this property is 2019524995.

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