67 Wells Street - Frankston
AN IMPOSING CORNER WITH INCOME AND UPSIDE ~ OCCUPY OR INVEST!
Quinn Reynolds Property is delighted to present the corner of Nepean Highway & Wells Street (known as 67+67a Wells St & 449 Nepean Hwy), Frankston for Sale by Expressions of Interest closing Thursday 18 May at 12 noon.
The highlights of this opportunity include:
~ Prime corner freehold with two separate tenancies (one title to be sold as one)
~ Tenancy 1 (corner) - to be sold with Vacant Possession (blank canvass featuring exposed beams and excellent light) - ideal for major retailer needing exposure
~ Tenancy 2 - occupied by existing, long-standing tenant Hairmoves (passing rental $5,317*+GST per calander month or $63,800 (+GST) pa
~ Located in a massively exposed position with excellent frontages to Nepean Hwy and
Wells Street, this has huge potential for further growth
~ Metres from the retail hub of Frankston featuring the Bayside Hub Shopping Complex
and also surrounded by national brand tenants Dan Murphy, Coles, Aldi, and Target
~ Zoning: Commercial 1
~ Potential investment upside includes rental uplift, potential for commercial signage or
dividing the property into two titles (Subject to all relevant approvals)
~ Excellent entry-level investment or first time occupation purchase
For Sale by EOI closing Thursday 18 May at 12 noon (if not sold prior)
Please contact the exclusive selling agents at Quinn Reynolds Property for further information.
