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Cash Centre 449 Nepean Hwy 2,637 SF 100% Leased Retail Building Frankston, VIC 3199 For Sale
Investment Highlights
- Brand-new, dual-tenanted asset leased to Zambrero (national QSR operator) and Hairmoves (22 years trading history)
- Commanding corner position with dual street frontage to Nepean Highway and Wells Street
- Traffic exposure to approx. 150,000 vehicles daily, offering future signage/billboard potential (STCA)
- Secure 7-year lease terms for both tenants
- Easy access to Frankston railway station (approx. 400 m) and Melbourne CBD (circa 40 km)
- Combined net income of $147,000 pa plus GST and outgoings
Executive Summary
449 Nepean Highway & 67-67a Wells Street represent a rare high-profile, dual-tenanted retail investment in the heart of Frankston CBD. Securely leased to Zambrero and Hairmoves on new seven-year terms, this asset offers investors a strong income stream with no stamp duty payable under CIPT.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,637 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.06 AC
Frontage
160’ on Nepean Highway
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Cash Centre | 449 Nepean Hwy
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