G01/38 Playne Street Frankston VIC 3199

Substantial ground floor investment opportunity with 'blue chip' tenant.

This stand out building is located in the southern central CBD of Frankston and is close to General Public, The Hop Shop, Betty's Burgers, Library and numerous other businesses.

We are offering the immaculately presented ground floor investment property to the market for the first time.

Key features include:

* Tenant is Brotherhood of St Laurence (offering customer services under the NDIS)
* Rent $221,823 p.a. net
* Building area: 566sqm*
* Frontage to Playne Street of 13 metres*
* A safe and secure investment
* Depreciation will apply to this property
* Lease expiry 30/06/2025 with a 1 year option

For further information or to arrange an inspection, please contact Linda Ellis.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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