office
retail
Medical/Consulting
ID 328364UpdatedSale49-51 Beach Street
49-51 Beach Street
Frankston, Victoria, 3199
Please contact us for price
- Size1,427 SQM
Tim Carr
Executive, Capital Markets � Victoria
Agent details
Mark Stafford
Senior Executive
Agent details
MingXuan Li
Associate
Agent details
- Description
- Building Information
- Location
- Agents
Description
EOI NOW CLOSED - OFFERS UNDER REVIEW
The JLL Melbourne Office Investments has the exclusive privilege of offering for sale 49-51 Beach Street, Frankston (Corner Petrie Street) – a first-class bayside office building that is underwritten by a strong tenancy mix, including two Government covenants.
Key details of the opportunity include:
+ A modern three-level retail and office building totalling 1,427sqm*
+ Predominantly leased to four tenants, including The Department of Education & Local Member of Parliament
+ Estimated fully leased income of $616,243 per annum* with fixed annual rental increases for all tenants
+ Secure undercover car parking for 50 vehicles
+ Immaculately fitted office spaces providing access to high levels of natural light and configured to accommodate multiple tenants
+ Short-term lease profile providing for owner occupation and value-add opportunities
+ 5 Star NABERS Energy Rating
+ Favourable Commercial 1 Zoning provides the ultimate flexibility for future residential, medical or mixed-use conversion (STCA)
+ Prominent 1,184sqm* corner landholding
+ Situated within the Frankston Central Activity Centre which is supported by a $14.52billion^ thriving local economy
+ Positioned just 500m* from Frankston Hospital and surrounded by major healthcare operators and social infrastructure
+ Strategically located along a major commercial thoroughfare, within immediate proximity to Frankston Train Station (220m*), Bayside Shopping Centre (325m*) and the Frankston Hospital Precinct (850m*)
EOI NOW CLOSED - OFFERS UNDER REVIEW
Please contact the exclusive JLL Office Investments team today to obtain further information or arrange an inspection.
Tim Carr | 0415 767 915
Josh Rutman | 0411 27 37 46
Mark Stafford | 0404 401 053
Mingxuan Li 李名 轩 | 0498 688 998
*Approx.
^Remplan
· Modern 3-Storey Retail + Office Building
· Predominantly Leased to Government Tenants
· 5 Star NABERS Energy Rating
The JLL Melbourne Office Investments has the exclusive privilege of offering for sale 49-51 Beach Street, Frankston (Corner Petrie Street) – a first-class bayside office building that is underwritten by a strong tenancy mix, including two Government covenants.
Key details of the opportunity include:
+ A modern three-level retail and office building totalling 1,427sqm*
+ Predominantly leased to four tenants, including The Department of Education & Local Member of Parliament
+ Estimated fully leased income of $616,243 per annum* with fixed annual rental increases for all tenants
+ Secure undercover car parking for 50 vehicles
+ Immaculately fitted office spaces providing access to high levels of natural light and configured to accommodate multiple tenants
+ Short-term lease profile providing for owner occupation and value-add opportunities
+ 5 Star NABERS Energy Rating
+ Favourable Commercial 1 Zoning provides the ultimate flexibility for future residential, medical or mixed-use conversion (STCA)
+ Prominent 1,184sqm* corner landholding
+ Situated within the Frankston Central Activity Centre which is supported by a $14.52billion^ thriving local economy
+ Positioned just 500m* from Frankston Hospital and surrounded by major healthcare operators and social infrastructure
+ Strategically located along a major commercial thoroughfare, within immediate proximity to Frankston Train Station (220m*), Bayside Shopping Centre (325m*) and the Frankston Hospital Precinct (850m*)
EOI NOW CLOSED - OFFERS UNDER REVIEW
Please contact the exclusive JLL Office Investments team today to obtain further information or arrange an inspection.
Tim Carr | 0415 767 915
Josh Rutman | 0411 27 37 46
Mark Stafford | 0404 401 053
Mingxuan Li 李名 轩 | 0498 688 998
*Approx.
^Remplan
· Modern 3-Storey Retail + Office Building
· Predominantly Leased to Government Tenants
· 5 Star NABERS Energy Rating
Location
Agents
Tim Carr
Executive, Capital Markets � Victoria
Agent details
Mark Stafford
Senior Executive
Agent details
MingXuan Li
Associate
Agent details