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High Yielding Freestanding Commercial Investment Opportunity

24-28 Young Street, FRANKSTON VIC, 3199

For Sale

Property for Sale in 24-28 Young Street, FRANKSTON VIC, 3199

Cameron - Head Office (Industrial Dandenong)

3 Ordish Road, Dandenong South, VIC 3175

Listing ID:
11355209
Status:
Active
For:
Sale
Price:
$2,900,000
Last Updated:
15/08/2019
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Property Type

Retail
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Land Area

540 SQM
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Floor Area

830 SQM
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Parking

N/A

High Yielding Freestanding Commercial Investment Opportunity

This retail/commercial investment offers the astute investor an excellent chance to secure a prime corner building in the heart of Frankston.

Brilliantly positioned on the corner of Dyson Place (directly opposite busy Frankston Train Station) and returning a net rental of $146,758 per annum it allows a strong cash flow combined with solid growth potential.
- 6 Shop Fronts, 6 Office Suites, Strong Tenant Mix
- Strong tenancy mix including H & R Block, solicitors and Government Services
- Security of income through a variety of tenancies
- Conservatively Let with potential upside
- Possible strata conversion to add value (STCA)
- High yield expected

For more details, please email agent

Cameron - Head Office (Industrial Dandenong)

3 Ordish Road, Dandenong South, VIC 3175

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