90 - 92 Dandenong Road West Frankston VIC 3199

Expressions of Interest Closing Wednesday 21st May at 12noon.

Located in the heart of Frankston amongst a large number of high-profile brands, this showroom/warehouse offers exceptional potential for investors.

Property Features:
- Building Area: 625 m² (approx.) | Land Area: 1,342 m² (approx.)
- Frontage: 25m (approx.)
- Fully Fenced Rear Yard
- Rear Loading via Roller Door Access
- Onsite Car Parking Available
- Ideal Location with Easy Freeway Access
- CZ2 Frankston Planning Scheme

Investment Highlights:
- Secure Long-Term Lessee: Aidacare Pty Ltd, with 60 locations nationally, providing an excellent and secure investment opportunity.
- Lease Commencement: 30th September 2022 (currently in the first option period)
- Options: 3 plus 3
- Rental Income: $165,984 per annum plus GST
- Rental Reviews: 4% per annum plus market reviews upon the exercising of the option to renew
- Security: Bank Guarantee equal to three (3) months rent plus GST

This property is perfect for investors looking for stable income in a prime location with a reputable and established tenant. Don't miss out on this fantastic opportunity!