Corner Investment with Two Tenancies
Property ID 1838310Ray White Commercial Oakleigh is delighted to present to the market this rare opportunity to purchase two exceptional main road freeholds with two fantastic Tenants and approximately 70m of frontage onto Frankston Dandnenong & Kirkham Roads.
- Combined Income of $120,545 p/a + GST + Outgoings
- Total land area of 1435m2 approx.
- Total building area of 1180m2 approx.
- Sixteen (16) on-site car spaces
- Ample space for container loading/unloading
- Industrial 1 Zoning (IN1Z).
Tenancy Details: 24 Frankston-Dandenong Road
- Trading as Robbos Pet Barn
- Three (3) year lease commenced July 2015
- Two (2) further terms of Two (2) year each (First option exercised)
- Currently returning $75,645 p/a + GST + Outgoings.
Tenancy Details: 26 Frankston-Dandenong Road
- Trading as Baby Second Haven
- Three (3) year lease commenced December 2015
- Three (3) further term of One (1) year (Option Exercised)
- Currently returning $44,990 p/a + GST + Outgoings.
For more information or to arrange a private inspection, please contact one of the exclusive marketing agents below:
Ryan Amler - 0401 971 622
Theo Karkanis - 0431 391 035
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