Capture the corner with this rare blue chip opportunity in the best position Seddon Village has to offer! Situated only six* kilometres from Melbourne's CBD, three separate retail income streams and three street frontages. Being at the gateway of Melbourne's fastest growing corridor means excellent prospects for future capital growth!
Flexible offering that will appeal to owner occupiers, investors and developers!
There are many scarce & unique features including;
Three well established and long standing retail tenancies offered in one line.
Prime corner freehold in the heart of Seddon Village benefiting from high levels of foot & vehicle traffic.
Massive retail exposure. 66 m* of street frontage to Victoria, Charles and Vigo Streets.
Surrounded by a diverse range of boutique retail including upmarket cafes & restaurants.
Genuine development opportunity. 460 Sqm* of land with potential panoramic city views (STCA).
Vacant possession available.
Located only 450 m* from Middle Footscray train station and 650 m* from Seddon train station.
Location allows easy access onto Citylink Freeway network.
Benefit from nearby developments that are currently in progress;
> Seddon Square: 400* homes, 1000* new residents.
> Bradmill Redevelopment: 3.6 hectares, $51m* housing development.
> Joseph's Road Precinct: Mixed use development including 4,000* new apartments.
Significant government infrastructure spending will have direct positive outcomes;
> Immediate proximity to $10b* Westgate Tunnel project under construction.
> Planned $10b* fast train project to Melbourne Airport stopping at nearby Footscray train station.
> $1.5b* relocation of the new Footscray Hospital under construction.
Seddon is an affluent city fringe suburb which has seen significant capital growth over the last 10 years resulting in a current median house price of $1,156,000 (REIV)
Building area:364 Sqm* plus car park
Combined floor area :343 Sqm*
Zoning: Commercial 1
Combined rent:$115,657.13 pa + GST
Outgoings:Paid by tenants (excluding land tax)
*All measurements are approximate
Inspections strictly by appointment. Please contact the exclusive selling agent.