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Allard Shelton - MELBOURNE

28 New Street Frankston, VIC 3199

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28 New Street,
Frankston, VIC 3199

Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail

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Key property information

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Car spaces

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Allard Shelton - MELBOURNE

Allard Shelton - MELBOURNE

Level 3, 267 Collins Street
MELBOURNE, VIC 3000
03 9654 32...
Allard Shelton - MELBOURNE
28 New Street
Frankston, VIC 3199

Map of 28 New Street

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AFFORDABLE INVESTMENT OPPORTUNITY

  • Prime entry level investment
  • Returning $28,428 per annum (net)
  • Outstanding central Frankston location
Gorman Allard Shelton is pleased to offer for sale by Public Auction on Friday 14th October 2022, this affordable investment opportunity located in the popular Frankston retail/industrial precinct.

This modern warehouse asset benefits from expansive street frontage & exposure to New Street and is ideally positioned just off the Frankston Freeway, amongst an a vast array of nationally recognized businesses and public transport amenities.

Key property attributes include:

- Total building area of 280sqm (approx.)
- Additional mezzanine floor of 47sqm (approx.)
- Current rental: $28,428 per annum + GST + Outgoings
- Term: Three (3) years – Commenced July 2021
- One further term of three (3) years
- 3% annual increases
- Five (5) on-site car spaces
- Rear roller door with container height access
- Surrounded by an abundance of high quality retailers including Toyota, Nissan, Skoda and Mitsubishi
- Walking distance to Frankston Shopping Centre and Frankston train station
- Outstanding proximity to major arterial roads and freeway networks
- Commercial 2 Zone (C2Z)

Contact the exclusive agents for further details or to arrange an inspection.

- Joshua Colosimo – 0413 790 309
- Tom Maule – 0401 636 049

Property ID: 504156255Last Updated: 8 Dec 2022

Allard Shelton - MELBOURNE
Level 3, 267 Collins Street
MELBOURNE, VIC 3000
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