Sold! Multi-tenanted Medical Investment– Frankston, Melbourne
BS149540, Frankston, Victoria 3199
SOLD
Key Features
AI generated. Contact seller to confirm.
- Multi-tenanted medical building
- Current rent over $234,000
- Secure leases in place
- Centrally located near transport
- Close to major retail brands
- Strong rental returns
- Turnover: $234,441
- Net Profit: Not disclosed
- Rent/Lease: Lease in place
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Medical Medical Practice Property Real Estate
Superb property with strong rental returns. Ideal Medical investment. Expressions of Interest (Closing 8 April)
This property is located on the western side of Young Street(40-42 Young Street) between Beach and Station Streets (opposite Frankston Railway Station). Just 200m from the busy Bayside Vicinity Shopping Centre with several major retail brands.
Comprising a total building area of 270sqm on the ground floor. Three secure medical/health tenants – Medical Clinic, Compounding Pharmacy and Pathology. Current annual rental of $234,441 pa + GST.
Close to trains, buses and other amenities and easily accessed via M1, M3 and Mornington Peninsular Freeways.
-Multi-tenanted medical building
-Current rent over $234,000 with secure leases in place
-Centrally located, close to transport and retail
-Sound investment
Expressions of Interest close Friday, 8th April at 2.00 pm. 10% on signing of the contract; balance 36/60 days from the day of sale. In conjunction with Allard Shelton
This property is located on the western side of Young Street(40-42 Young Street) between Beach and Station Streets (opposite Frankston Railway Station). Just 200m from the busy Bayside Vicinity Shopping Centre with several major retail brands.
Comprising a total building area of 270sqm on the ground floor. Three secure medical/health tenants – Medical Clinic, Compounding Pharmacy and Pathology. Current annual rental of $234,441 pa + GST.
Close to trains, buses and other amenities and easily accessed via M1, M3 and Mornington Peninsular Freeways.
-Multi-tenanted medical building
-Current rent over $234,000 with secure leases in place
-Centrally located, close to transport and retail
-Sound investment
Expressions of Interest close Friday, 8th April at 2.00 pm. 10% on signing of the contract; balance 36/60 days from the day of sale. In conjunction with Allard Shelton
What's Nearby
Nearby Locations
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
