â¢Returning $148,900 + GST and outgoings per annum
â¢Two established tenants including anchor Phoenix Metal Recyclers
â¢Circa 4-years remaining on leases
â¢Three individual unit titles for future upside
â¢Mixture of warehouse spaces, large yard and office/amenities
â¢Central location with high exposure to Greenwood St /SH1c
An exceptional opportunity to secure a fully tenanted investment at Units D, E & F, 87 Killarney Lane, Frankton, offering strong rental returns, long-term lease security and future upside.
Comprising three individual unit titles, Unit F features 665sqm (approx.) of high-stud, clear span warehouse with multiple roller doors and office/amenity, plus a large functional yard area. Unit D comprises of 139sqm (approx.) of warehouse space and is occupied by national tenant Phoenix Metal Recyclers alongside Unit F. Unit E is tenanted by established local tenant Soanes Collision Repair and includes 130sqm (approx.) of warehouse space.
With circa 4-years remaining on the leases before final expiry, this unique offering provides both security and future potential for occupiers looking to secure a site for their own use.
Strategically positioned with high exposure to Greenwood Street/SH1c, this property benefits from a central Frankton location with seamless access to major arterial routes, ensuring excellent connectivity and business visibility.
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