$575,000 - $625,000
5 Young Street, Frankston, VIC 3199
Corner The Market – Prime Retail Investment In Bustling Frankston Cbd
A rare opportunity to secure a high-exposure, securely leased retail investment in the thriving commercial heart of Frankston’s CBD.
Positioned directly opposite the busy Frankston Train Station, this high-profile retail corner premises offers outstanding exposure in one of the area’s highest foot-traffic locations. Surrounded by well-known national tenants such as 7-Eleven, Cash Guys, H&R Block, and other established local businesses, this property is perfectly placed for long-term investment success.
Standout features that drive value:
- Premium ground floor retail space with expansive plate glass frontage
- 115m² open-plan layout – flexible design suited for a range of retail uses
- Prominent corner position offering dual street frontage and unmatched visibility
- Secure long-term lease to a respected and established nail/beauty salon operator
- Strong rental return – net passing rent of $33,000 per annum
- Annual rent increases of 3%, rising to $33,990 in September 2025, with a market review due in 2028
- Lease terms: 4 + 4 years, commenced September 2024
- High daily foot and vehicle traffic, with a nearby bus transfer station adding to the accessibility
- Fully climate-controlled – heating and cooling throughout the premises
- Allocated secure underground parking, enhancing tenant convenience
Situated in Frankston’s dynamic commercial precinct, this property benefits from a central, high-exposure location with seamless public transport access. Its proximity to national brands and key local services further cements its desirability and long-term value.
Don’t miss this rare chance to secure a tightly held retail investment offering reliable income and strong capital growth potential. Perfect for SMSF buyers and astute investors looking for long-term stability in a proven market.
PROPERTY ID: 145247
Apply today!
Property Info
AUCTION
Add to calendar
LEGAL DOCUMENTS
Thank You
Your enquiry has been sent!
Enquiry is Failed
Please contact your administrator.