HIGH EXPOSURE INVESTMENT OPPORTUNITY
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136 Frankston Flinders Road, Frankston, VIC 3199
0 Bed | 0 Bath | 0 Car
Property ID: VIC2326605
This iconic high profile corner investment is offered for sale with two income sources
Massive price reduction "Vendor says Sell"
This is a high profile opportunity certainly not to be missed and is ideal for a multitude of uses well into the future.
Civic Video Net income of approx 69500 plus GST
5-year lease (current term) commenced 2013 with a 5-year option
Second income from Telstra for a telco tower of approx $8181 PA (Plus GST).
10 years lease commencing May 2007 with 3 further options 5 years.
Total current net income of approximately $77700.00
Gross lettable area of approx 280 Square meters
20 off-street parks (common area) shared with Dominoes
The property is to be sold as a "Going Concern"
For a Section 32 including all lease docs please enquire today!
Terms 10% Deposit balance 30/60/90 days
Inspect today strictly by appointment
Call Trevor McCann 0407 043 932
View CENTURY 21 McCann Alliance (Frankston)
PH: 03 9781 1822
Email: Email Me