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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, Expression of Interest

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  
    Map for 59-61 High Street Cranbourne VIC 3977

    Nearest transport* to 59-61 High Street Cranbourne VIC 3977

    Bus
    Train
    Tram
    Ferry
    Childers St/Codrington St (Cranbourne)198 m
    Cranbourne Integrated Care/Sladen St (Cranbourne)210 m
    Cranbourne Integrated Care/Sladen St (Cranbourne)213 m
    Cranbourne Park SC/Lyall St (Cranbourne)225 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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    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  

    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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