INVESTMENT WITH NEW 5 YEAR LEASE

Teska Carson is pleased to offer 74 Young Street, Frankston for sale by Public Auction on Thursday 21st March 2024 at 12pm on-site. Located within the increasingly popular Mornington Peninsula, the property is situated on Young Street, between Nepean Highway and Fletcher Road, just 700 metres from Frankston Beach. The premises is built to the boundary offering a generous retail component, including amenities and a two-level office/storage area with rear laneway access. Key investment considerations include: - Well-presented freehold with flexible layout - Income of $57,600 per annum + GST + Outgoings - New five (5) year lease with options - 5.8* metre frontage to Young Street and rear access via Gallery Lane - Directly opposite the $87m upgraded Frankston Train Station car park with over 500 new parking spaces - Next to one of the busiest 7-Eleven stores in Melbourne providing constant foot traffic - Build area of 174m2 - Land area of 213m2 Please call for further information or to arrange an inspection. *approx.