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Lemon Baxter

152 High Street Hastings, VIC 3915

Directions

152 High Street,
Hastings, VIC 3915

Shops & Retail

Price information

Sale

$5,600,000 excluding GST

Key property information

Land area

Floor area

Tenure type

Private inspections

to arrange a private inspection.
Lemon Baxter
Paul O'Sullivan

Lemon Baxter

Level 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
Lemon Baxter
152 High Street
Hastings, VIC 3915

Map of 152 High Street

Directions
  • Train stations within 5 km of 152 High Street, Hastings, VIC 3915Distance
    Hastings Station334 m
    Bittern Station3.3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 152 High Street, Hastings, VIC 3915Distance
    Phillip Ct/Frankston-Flinders Rd (Hastings)187 m
    Hastings Railway StationHigh St331 m
    Bray St/Frankston-Flinders Rd (Hastings)674 m
    Cool Store RdVictoria St721 m
    The Bays HospitalVictoria St791 m
    POWERED BY HERE ©
POWERED BY HERE ©

Highly Desireable Essential Service Investment

  • Tenant - Shell Coles Express
  • Rental $305,000* net per annum
  • New 5-Year Lease Commencing 1/9/24
Lemon Baxter and Cameron are pleased to present 152 High Street, Hastings for private sale.

Investment Highlights:
| Landmark 3,281 sqm* prime landholding on the corner of High Street and Frankston - Flinders Road, with corner site frontage 113.9m*.
| Approved permit to operate 24/7 unlocks increased sales throughout the day and night. This caters to late-night drivers and off-peak hours.
| Brand new 5-year lease from 1 September 2024 with two further terms of 5-years
| Initial rent $305,000* per annum plus GST and outgoings, with annual CPI review
| Commercial 2 Zone intended for offices, manufacturing, industries, bulky goods retailing, retail uses, and associated business and commercial services.
| Public transport connectivity, 500m* from Hastings Train Station.
| The Mornington Peninsula region is a popular tourist destination, providing potential customer traffic for businesses in the area.
| Situated along a major thoroughfare, providing good visibility and accessibility with annual average daily traffic (AADT) of 3,900 along High Street and 8,100 along Frankston - Flinders Road.

152 High Street provides investors with the security of a reliable income stream along with the exciting possibility of long-term capital appreciation.

For further details regarding this exceptional investment opportunity, please contact the selling agents below.

LEMON BAXTER REAL ESTATE
| Paul O'Sullivan - 0412 410 3...
| David Turner - 0409 380 349

CAMERON REAL ESTATE
| Ed Cooper - 0410 529 9...
| Ben Cooper - 0425 767 6...

*Approximately

Property ID: 504592216Last Updated: 17 Jul 2024

Lemon Baxter
Level 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
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