If you are looking to invest in a sizeable comercial property – Look no further! This property is in the heart of Frankston’s CAD, opposite Bayside Cinemas and Entertainment Centre, and close to CBA, Bank of Qld, ANZ, Westpac, Bendigo Bank, Australia Post Shop, and numerous quality tenants. Zoned: Business 1 Zone. The double Storey building is on land of approximately 529m2, with a laneway at the rear boundary.
Tenant: The Salvation Army Victoria Property Trust
Lease: 5 years (expiring 15/4/2013)
Option: 5 years
Returning: $88,165.00 per annum + GST Net.

This property has all the P’s…… Position, Potentioal, and a Praiseworthy tenant.

NB: The price is quoted exclusive of GST, however the property is being offered as a Going Concern.

For further details and inspections, contact Linda Ellis 0417 387 671