59-61 High Street Cranbourne, 3977 VIC

Dual Income Retail Investment in Prime Position

First National Finning Commercial is pleased to offer two retails shops, side by side on one title.
With strong rental income under pinned by a generous land component this outstanding freehold represents unlimited long term development opportunity (STCA).

Key property features include:

- Combined rental income $ 113,755 pa net
- Land area 547m2 approx with 10m frontage to High Street
- Building area combined 282m2 (approx)
- Activity Centre Zone 1
- On site private carpark at rear
- Central location adjacent to Cranbourne Park shopping center
- Good quality tenants
- Tightly held High street location
- 59 High, Size :93m2 (approx) secure lease until 2027 with options 3x 3.
Net income $39,000 Tenant pays all usual outgoings
- 61 High Size :189 m2 ( approx) secure Lease until Aug 2025 with options 3+3
Net Income $ 74,755 pa Tenant pays all usual outgoings

For Sale Expression of Interest

Inspect

Inspection of this property is available strictly by arrangement only.

Contact