632 Frankston-Flinders Road BAXTER
Gateway Peninsula Site with Income
> Area: 1,493 sqm approx
> Three (3) prominent street frontages
> Commercial 1 Zoning
> Rental Income: $89,212 pa net + GST
> Securely leased until 2022 with option
> Located within the Baxter Structure PlanThis is a fantastic opportunity to acquire a secure investment with huge future development potential (STPA).
The subject site enjoys the benefits of a flexible Commercial 1 Zone, and is in a commanding position within the township of Baxter, the gateway to the Mornington Peninsula.
Close to public transport and the highly evolving Mornington Peninsula Shire.
