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Sold on 4 Dec 2015

278 - 280 Seaford Road Seaford VIC 3198

  • Shop & Retail
  • 1,362 m²
  • Sold

FREESTANDING BLUE CHIP INVESTMENT FULLY LEASED TO RITCHIES SUPA IGA

  • SECURE INCOME OF $251,000*
  • TOTAL LAND AREA OF 2,498 SQM*
  • 15 YEAR NET LEASE TO RITCHIES SUPA IGA

Brand new 15 year Net lease to Ritchie's Supa IGA plus 2 further 10 year options expiring 2050

Highly exposed Commercial 1 Zoned 2,448 sqm** land holding

Valuable 37 metre* frontage onto Seaford Road, at the highly exposed junction of Frankston-Dandenong Road

Diverse annual income of $251,000 pa* ($184 per sqm Net) with fixed annual CPI rental increases

Substantial building area of 1,362 sqm, with dual access points provided to the strong performing store

Surrounded by more than 200* free at-grade car parks, including a significant number on title

Justin Dowers
CBRE Victorian Retail Investments
+61 438 098 805

Rorey James
CBRE Victorian Retail Investments
+61 439 400 081

Mark Wizel
CBRE Victorian Retail Investments
+61 409 809 868

David Johnson
Cameron Industrial Commercial
+61 404 005 809

CBRE Melbourne
CBRE Melbourne

Property Highlights

Property ID2012283426
Date Sold4 Dec 2015
Floor Area1,362 m²
Land Area2,448 m²
ParkingOn site parking available
Category
Last updated  19 Nov 2020
Map for 278 - 280 Seaford Road Seaford VIC 3198
Map for 278 - 280 Seaford Road Seaford VIC 3198278 - 280 Seaford Road Seaford VIC 3198
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

CBRE Melbourne
CBRE Melbourne

Property Highlights

Property ID2012283426
Date Sold4 Dec 2015
Floor Area1,362 m²
Land Area2,448 m²
ParkingOn site parking available
Category
Last updated  19 Nov 2020
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000

Ask CBRE Melbourne about this property

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