November 01, 2017

XXXL – Central Commercial Asset

FOR SALE BY TENDER
Closing Thursday, November 30, 2017 at 3:00pm

7-7E Station Street, Frankston

Nichols Crowder is pleased to offer to the market a prime retail investment in the heart of Frankston’s core retail precinct.  This substantial property comprises 7 strata titles, being 7 tenancies to be sold as a whole via tender closing on Thursday, November 30 at 3:00pm.

With a total ground floor tenancy area of approximately 1,570sqm, the property generates income from its retail tenancies and rooftop parking tenancy which is operated by Wilson Parking.  The total projected net income of the property is $312,000 per annum.

Linda Ellis, Sales and Leasing Executive, says, “This large property provides a unique investment opportunity in Frankston’s increasingly popular shopping zone.  With the Frankston Station Precinct Redevelopment in the process of being completed, and other exciting Government upgrades in the area, there are likely to be even more shoppers and visitors to Frankston.”

Inspect as advertised or by appointment. 

LINDA ELLIS 0400 480 397

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.