• Two titles – buy one or both
• 1,457sqm (more or less) total land area
• High profile location on corner of King Street roundabout
• 67 Lake Road tenanted by Challenge service station - final expiry 21 May 2025
On the market for the first time in nearly 60 years are these two freehold properties that can be purchased either together or separately. Zoned Business Zone 7 – Frankton Commercial Fringe, these strategically located sites present a plethora of opportunity for those with an eye for potential. Featuring 529sqm (more or less) of land, 65 Lake Road is made up of mostly sealed yard that’s fenced and fully secure. In addition, there is a small office and garage having previously been used as a car yard and is offered with vacant possession.
67 Lake Road is currently home to a busy Challenge service station that returns $46,000pa +GST net. With a final expiry approaching on 21 May 2025, there are various opportunities for an incoming owner, including potential of vendor finance. Additional bonus is council service lane adjoining side boundary.
