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74 Young Street
Frankston VIC 3199
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Sold on 21 Mar 2024

74 Young Street Frankston VIC 3199

  • Shop & Retail
  • 174 m²
  • Sold

INVESTMENT WITH NEW 5 YEAR LEASE

    Teska Carson is pleased to offer 74 Young Street, Frankston for sale by Public Auction on Thursday 21st March 2024 at 12pm on-site.

    Located within the increasingly popular Mornington Peninsula, the property is situated on Young Street, between Nepean Highway and Fletcher Road, just 700 metres from Frankston Beach.

    The premises is built to the boundary offering a generous retail component, including amenities and a two-level office/storage area with rear laneway access.

    Key investment considerations include:

    - Well-presented freehold with flexible layout
    - Income of $57,600 per annum + GST + Outgoings
    - New five (5) year lease with options
    - 5.8* metre frontage to Young Street and rear access via Gallery Lane
    - Directly opposite the $87m upgraded Frankston Train Station car park with over 500 new parking spaces
    - Next to one of the busiest 7-Eleven stores in Melbourne providing constant foot traffic
    - Build area of 174m2
    - Land area of 213m2

    Please call for further information or to arrange an inspection.

    *approx.

    AUCTION

    Auction date and time21/03/2024 12:00
    Auction location74 Young Street, Frankston VIC

    Property Highlights

    Date Sold21 Mar 2024
    Floor Area174 m²
    Land Area213 m²
    ParkingAsk Agent
    Property ID2019057865
    Category
    Last updated  21 Mar 2024
    Map for 74 Young Street Frankston VIC 3199

    Property Highlights

    Date Sold21 Mar 2024
    Floor Area174 m²
    Land Area213 m²
    ParkingAsk Agent
    Property ID2019057865
    Category
    Last updated  21 Mar 2024

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