1 New Street,
Frankston, VIC 3199

Warehouse, Factory & Industrial

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Map of 1 New Street

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Train stations within 5 km of 1 New Street, Frankston, VIC 3199 Distance
Frankston Station 1.1 km
Kananook Station 1.4 km
Leawarra Station 2.4 km
Seaford Station 3.2 km
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Bus stops within 5 km of 1 New Street, Frankston, VIC 3199	Distance
Kookaburra St/Dandenong Rd (Frankston)	157 m
Allawah Ave/Nepean Hwy (Frankston)	213 m
Mereweather AveNepean Hwy	276 m
Ambassador Motel/340 Nepean Hwy (Frankston)	290 m
Hope Ct/Dandenong Rd East (Frankston)	304 m

Freestanding Freehold Investment

5x5 year lease to Programmed Maintenance
$119,000 Net return
Freehold investment

- 5 x 5 year Lease to Programmed Maintenance
- www.programmed.com.au
- Returning $119,000 pa + GST + all outgoings (including land tax)
- Commenced 1 August 2022
- 3.5% Annual reviews
- Bank Guarantee equivalent to 6 month's rent
- Extensively renovated building
- Depreciation benefits
- Masonry construction
- High clearance factory area
- Internal yard with roller door access to the street
- Located in Frankston's Commercial 2 zone
- 947sqm of Land
- Wash Bay & triple interceptor
- Large natural gas supply

Property ID: 504316260Last Updated: 24 Mar 2024

04143560...

1 New Street

Frankston, VIC 3199

04143560...

Cameron - Head Office

3 Ordish Road
DANDENONG SOUTH, VIC 3175

Ben Murphy
04143560...

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