640 & 640a Frankston-Flinders Road, Baxter, Vic 3911

Jacobs and Lowe are excited to present this outstanding property to the market, offering immense potential in a rapidly growing area. With a planned new supermarket and nine specialty shops just across the road (STCA), now is the time to secure this prime location before the area's expansion takes off.

- Price has been reduced, owners willing to negotiate
- Building Area: 156sqm (approx.)
- Land Area: 228sqm (approx.)
- Leased to Two Tenancies: front tenants have occupied for 25 years, rear tenants have been in place for 8 years. Both currently on month-to-month leases
- Annual Rental Income: $27,243.48 + GST
- Property Immaculately Maintained by Current Owners: including significant investment into a new roof across the entire premises 
- One of Only 5 Properties in this Group: a rare opportunity in a highly sought-after area
- Zoning Allows for Future Expansion (STCA): flexibility to redevelop or expand in line with your vision
- Only Metres from the Mornington Peninsula Freeway Network: providing excellent accessibility for staff and clientele

Whether you're looking to invest, occupy, or redevelop this commercial gem, the opportunities are endless. Enquire now before it's too late!