Hastings 2057 - 2061 Frankston-Flinders Road

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Central Factory Complex

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One of the most prominent buildings in sought after stretch of Frankston-Flinders Road surrounded by Automotive businesses.
This building has recently undergone a substantial renovation including painting, new roof and storm water connections.
Consisting of two smaller factories of approx. 240m² each currently leased with combined net return of approx. $30,500 per annum and
one larger very high prominent tenancy of approx. 420m² including mezzanine level offered with vacant possession or tenant readily available.
Total land area approx. 1,760m² with 47 metre main road frontage.

Suit Investor with business wishing to occupy part and derive income from tenants or lease all three and enjoy passive income.
Anticipated return when fully leased around $60.000 net per annum – ideal self-managed super fund.
Offered as a going concern with no GST payable. Terms 10% Deposit Balance 60 days.

Contact Exclusive Agent Chris Watt on 0417 588 321 for further details and appointment to inspect.