41-45 McMHANONS ROAD, FRANKSTON VIC
SECURE WOOLWORTHS CONVENIENCE & SERVICE STATION INVESTMENT- SOLD
Retail Investment, Investment Services
Situated on the Moorooduc Highway in Melbourne’s south-east, the property benefitted from high passing vehicle traffic as well as being opposite the Frankston Power Centre – a busy homemaker centre including Bunnings.
Investment considerations included:
+ Significant landholding 3,400 sq m*
+ Corner holding with combined frontage of 125 metres*.
+ New 15 year lease to Woolworths Ltd.
+ New 10 year lease to Boost Juice and Degani Café with drive through facility.
+ Combined income of $423,482 pa plus GST
* denotes approx.
For further information on this sale, contact the agents.