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121 Cranbourne-Frankston Rd 1,076 SF Office/Retail Condo Unit Offered at $618,764 in Langwarrin, VIC 3910
Investment Highlights
- Secure long-term lease until 30 November 2027 with three further 3-year options.
- Tenant fit-out features alarm system and cool room for food-related operations.
- Returning $45,427.20 per annum plus GST; tenant pays all outgoings except land tax.
- Includes disabled toilet, office space, split system heating/cooling, rear access, and grease trap.
Executive Summary
The property at 121 Cranbourne-Frankston Road, Langwarrin, is a multi-unit commercial complex comprising several strata-titled retail premises. The site is located within a General Residential Zone (R1Z) and benefits from high exposure along a major arterial road. The complex includes multiple ground-floor retail units with shared access to common areas and rear service zones. Each unit is designed for retail or food-related use, with features such as grease traps, split system heating/cooling, and rear access. The property is positioned close to Langwarrin Sports Medicine Centre, Lloyd Park, and other local amenities, with ample on-street parking available for customers.
1 Unit Available
Unit 2
| Unit Size | 1,076 SF | Condo Use | Office/Retail |
| Price | $618,764 | Sale Type | Investment |
| Price Per SF | $575.06 |
| Unit Size | 1,076 SF |
| Price | $618,764 |
| Price Per SF | $575.06 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
Description
The property is a strata-titled retail unit comprising approximately 100 sqm of building area on a land parcel of approximately 111 sqm. The unit includes a disabled toilet, office space, split system heating/cooling, rear exit with access to a common land area, and a grease trap. The tenant fit-out incorporates an alarm system and a cool room.
The property is located within a General Residential Zone (R1Z) and benefits from strong street exposure, good on-street parking, and proximity to Langwarrin Sports Medicine Centre and Lloyd Park.
Sale Notes
This strata-titled retail unit offers a secure investment opportunity with a long-term franchise tenant in place. The property is leased until 30 November 2027, with three further terms of three years each, returning $45,427.20 per annum plus GST. The tenant pays all outgoings excluding land tax, and the lease includes fixed terms for continued income security.
The unit comprises approximately 100 sqm and features a disabled toilet, office space, split system heating/cooling, rear access, and a grease trap. The tenant fit-out includes an alarm system and a cool room, supporting food-related operations.
Positioned within a General Residential Zone (R1Z), the property enjoys excellent exposure along Cranbourne-Frankston Road, with convenient on-street parking and proximity to key amenities such as Langwarrin Sports Medicine Centre and Lloyd Park. Offered at $855,000, this is a strong investment in a high-demand location.
Retail interior
Retail interior
Retail interior
Retail interior
Property Facts
| Total Building Size | 3,638 SF | Typical Floor Size | 3,638 SF |
| Property Type | Retail (Condo) | Lot Size | 0.09 AC |
| Building Class | C | Parking Ratio | 1.65/1,000 SF |
| Floors | 1 |
| Total Building Size | 3,638 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 3,638 SF |
| Lot Size | 0.09 AC |
| Parking Ratio | 1.65/1,000 SF |
Amenities
- Air Conditioning
Presented by
Est8 agent
121 Cranbourne-Frankston Rd
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