Ink This Into Your Portfolio – Retail Investment With Established And Long Term Tenant

SOLD

30 Young Street

Frankston VIC 3199

Retail

FOR SALE

125m2

Ray White Commercial Victoria is delighted to offer for sale by way of public auction on Friday 24th August 2018, this outstanding retail investment located within South-East Melbourne's growth corridor.

Leased to a long-term and established tenant since 2015 with a brand new five (5) year lease with five (5) year option from 19th July 2018.

Located right near the Bayside Shopping Centre In Frankston and directly opposite the soon to be upgraded Frankston train station. The property is also just a stone's throw away from major arterial roads such as the Frankston Freeway, Peninsula Link and Nepean Highway, this property presents one excellent investment opportunity.

Property Features Include:

- Total Building Area | 125m2 (approx)
- Current Rental | $28,576 per annum + GST + Outgoings
- Leased to Frankston Tattoo since 2015 - Long term and established tenancy
- New Five (5) year lease from 19th July 2018
- One (1) further term of five (5) years
- CPI annual increases
- Busy location with high amounts of foot-traffic
- Area undergoing major transformation
- Commercial 1 Zoning (C1Z)

For further information or to arrange an on-site inspection, please contact one of the exclusive marketing agents:

Joshua Colosimo - 0413 790 309
Ryan Amler - 0401 971 622