2-14 Wells StreetFrankston

For Private Sale

Savills is delighted to offer for sale this prominent corner retail investment opportunity located at 2-14 Wells Street, Frankston.

The property benefits triple-frontage and is improved by a two-level building delivering a diversified income stream, with flexibility for value-add through refurbishment, repositioning or future development (STCA).

Key attributes of the property include:

• Prime 428sqm* triple-fronted landholding with extensive street frontage
• Substantial two level building of 600sqm*comprising ground floor retail & first floor office suites
• Returning $251,203* across 13 tenancies on varied lease terms
• Flexible Commercial 1 Zoned (C1Z) asset with scope for refurbishment, repositioning or future development (STCA)
• Prominent positioning within the heart of Frankston’s major retail, hospitality and commercial precinct
• Frankston is undergoing significant transformation underpinned by the $1.1 billion* Frankston Hospital redevelopment and over $500 million* of approved urban renewal projects throughout the precinct

*Approximate

For further information please contact:

Julian Heatherich - 0412 995 655
Beau Bakhtani - 0412 159 038