• Long standing tenant - Soanes Collision Repairs been in business for 45 years
• Five (5) year lease in place returning $100,000pa plus GST net
• Ideal addition to a portfolio
• Neighbouring property also for sale, own all units within body corporate & large land holding
Positioned in the heart of Frankton, this well-presented industrial property offers investors a secure opportunity underpinned by a proven, long-term tenant. Soanes Collision Repairs has been in business for 45 years, establishing a strong presence and customer base in the automotive repair sector.
The property is leased on a five-year term returning $100,000pa plus GST net, providing investors with an immediate return. With a tenant deeply embedded in the location and industry, the investment is well-placed to deliver consistency and reliability.
Adding further appeal, the neighbouring property is also available for purchase, giving astute investors the rare chance to secure a large landholding in this tightly held Frankton industrial area, plus control all units within the body corporate. This combination of a trusted occupier, long term lease, and strategic location ensures the property stands out as a compelling investment opportunity.
Contact Jordan and Rebecca from Bayleys today to discuss this opportunity.
