July 13, 2018

Fantastic Foot Street Investment

FOR SALE BY TENDER
Closing Wednesday, 1st August at 3:00pm

43C Foot Street, Frankston

Nichols Crowder is pleased to offer to the market a retail shop at 43C Foot Street, Frankston, which is leased to a pharmacy.  The property is for sale by tender that closes on Wednesday, August 1 at 3:00pm.

Set on land of 188sqm*, the building area totals 150sqm*.  A new 5-year lease from August 2017 returns $35,000 per annum, plus outgoings. 

“This shop has housed a pharmacy for around 55 years, and is located in the middle of the popular local shopping strip,” explains Linda Ellis, Sales and Leasing Executive.

“With a solid rental return and excellent tenant, this is a stand-out commercial investment,” she adds.

Inspect by appointment.

For further details, please contact:

Linda Ellis
0400 480 397
lindae@nicholscrowder.com

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.  All email requests are required to have telephone numbers if to be responded to.