Shop 5, 58-60 Young Street, Frankston, Vic 3199

A rare opportunity to secure a high-exposure, securely leased retail investment in the thriving commercial heart of Frankston’s CBD.

Positioned directly opposite the busy Frankston Train Station, this high-profile retail corner premises offers outstanding exposure in one of the area’s highest foot-traffic locations. Surrounded by well-known national tenants such as 7-Eleven, Cash Guys, H&R Block, and other established local businesses, this property is perfectly placed for long-term investment success.

Standout features that drive value:
* Premium ground floor retail space with expansive plate glass frontage
* 115m² open-plan layout – flexible design suited for a range of retail uses
* Prominent corner position offering dual street frontage and unmatched visibility
* Secure long-term lease to a respected and established nail/beauty salon operator
* Strong rental return – net passing rent of $33,000 per annum
* Annual rent increases of 3%, rising to $33,990 in September 2025, with a market review due in 2028
* Lease terms: 4 + 4 years, commenced September 2024
* High daily foot and vehicle traffic, with a nearby bus transfer station adding to the accessibility
* Fully climate-controlled – heating and cooling throughout the premises
* Allocated secure underground parking, enhancing tenant convenience

Situated in Frankston’s dynamic commercial precinct, this property benefits from a central, high-exposure location with seamless public transport access. Its proximity to national brands and key local services further cements its desirability and long-term value.

Don’t miss this rare chance to secure a tightly held retail investment offering reliable income and strong capital growth potential. Perfect for SMSF buyers and astute investors looking for long-term stability in a proven market.

Enquire at www.faceyproperty.com.au to make your next move.