High Profile Freehold Investment - Beachside Volkswagen
- Total passing income 634,846+GST
- 5 x 5 x 5 years lease
- 3% Fixed increases
Key Features:
– Prime location with corner position
– Opposite railway with strong passing traffic
– Side and rear access
– 110 Dandenong Road West, Frankston and 3 & 3a Kookaburra Street Frankston to be Sold as one.
– Car parking on title
Investment Summary:
110 Dandenong Road West, Frankston
Current Rental – $585,406.68 pa plus GST
5 x 5 x 5
30 March 2018
3% Fixed increases
Bank Guarantee -3 Months
100% outgoings payable by tenant
3 & 3A Kookaburra Street, Frankston
Current Rental – $49,440 PA plus GST
5 x 5 x 5
30 March 2018
3% Fixed increases
Bank Guarantee -3 Months
100% outgoings payable by tenant
Total Building Area – 5,332sqm Approximately
Land – 6,212 sqm
