Lemon Baxter and Cameron are pleased to present 152 High Street, Hastings for sale via an on-site auction on Thursday, June 13th at 12pm (AEST). Investment Highlights: | Landmark 3,281 sqm* prime landholding on the corner of High Street and Frankston - Flinders Road, with corner site frontage 113.9m*. | Approved permit to operate 24/7 unlocks increased sales throughout the day and night. This caters to late-night drivers and off-peak hours. | Brand new 5-year lease from 1 September 2024 with two further terms of 5-years | Initial rent $305,000* per annum plus GST and outgoings, with annual CPI review | Commercial 2 Zone intended for offices, manufacturing, industries, bulky goods retailing, retail uses, and associated business and commercial services. | Public transport connectivity, 500m* from Hastings Train Station. | The Mornington Peninsula region is a popular tourist destination, providing potential customer traffic for businesses in the area. | Situated along a major thoroughfare, providing good visibility and accessibility with annual average daily traffic (AADT) of 3,900 along High Street and 8,100 along Frankston - Flinders Road. 152 High Street provides investors with the security of a reliable income stream along with the exciting possibility of long-term capital appreciation. For further details regarding this exceptional investment opportunity, please contact the selling agents below. LEMON BAXTER | Paul O'Sullivan - 0412 410 366 | David Turner - 0409 380 349 CAMERON | Ed Cooper - 0410 529 921 | Ben Cooper - 0425 767 677 *Approximately
Cameron - Head Office
3 Ordish Road, Dandenong-South, Vic