Ray White Commercial Oakleigh is delighted to offer for sale via Public on-site Auction on Friday 5th April 2019, this outstanding stand-alone retail investment property with unrivalled development potential (STCA).

Situated prominently on the corner of Beach Street and Petrie Street and within walking distance to the newly developed Frankston train station, this is the perfect opportunity to acquire a tenanted retail investment with the future prospect of a multi-tenancy or the unique possibility to owner-occupy.

Whatever it is you are after in a commercial investment, this property ticks all the boxes.
Unlock the potential!

Property Features Include:

- Total Building Area | 204m2 (approx)
- Total Land Area | 270m2 (approx)
- Current Rental (Laundrette) | $16,150 per annum + Outgoings
- Potential Income (Combined) | $48,000 - $52,000 per annum (approx)
- 53 Beach Street being offered vacant possession, with a tenant in waiting
- 30 metres (approx) street frontage
- Footpath recently refurbished by Frankston Council
- Grease Trap, Exhaust Canopy and Cool Room all included
- Gas Connection
- Suitable for a food-based business
- Stand-alone building with no owners corporation!
- Unique ability to occupy, invest or develop (STCA)
- Business 1 Zoning (B1Z)

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

Joshua Colosimo - 0413 790 309
Paul Rizzo - 0418 688 888