New 5 Year Lease – High Profile Strategic Landholding
2072 Frankston-Flinders Road , Hastings VIC
+ Brand new Five (5) year lease to March 2027 plus options to 2042.
+ Hastings Super Shine: booming business, servicing 24,172 registered vehicles within 5km. **
+ Investor preferred net lease terms with tenant paying all usual outgoings.
+ Generous fixed 3% annual rent increases assuring growth.
+ Immaculate car wash facility with 1 automatic and 5 manual bays.
+ Significant 1,911sqm* freehold site with important 36 metre frontage to Frankston-Flinders Road.
+ High profile position with 16,200 vehicles passing daily.**
+ McDonald’s, KFC, Red Rooster, Shell, Ampol, Supercheap Auto, Bursons and Tyrepower all within 200 metres.
+ Hastings: commercial capital of Western Port, only 58km from Melbourne.
+ Net Income: $126,890pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino – River Room