Situated along one of the busiest roads in Seaford, exposed to over 5,000 passing vehicles daily and situated with major tenants such as Vic Roads, Reece Plumbing and plenty of complimentary staff occupiers such as 501 Booster Café, Fresh Warehouse Direct and only minutes from Frankston CAD and train station.

Lease Details:

* Initial Term: One (1) year (commenced 03/03/2024)
* Option: Three (3) further terms of one (1) year
* Current Rental PA: $35,039.55 + GST + Outgoings

The tenant, "Components Plus" has been operating since 2000 and provides comprehensive IT support services, including strategic IT planning and consulting, infrastructure assessment and optimization, cybersecurity measures, hardware solutions (servers, storage, networking equipment).

Location:

Seaford, located about 36 km southeast of Melbourne, has experienced steady population growth over the past few decades. In 2011, the population was 16,032, which increased to 16,455 by 2016, showing a modest growth rate of about 2.6%. The population continued to grow, reaching 17,215 by the 2021 census.

Access to Seaford is convenient, with the suburb being well-connected by road and rail. The Seaford railway station provides regular train services to Melbourne, making it a feasible option for commuters. Additionally, the area is accessible via the Nepean Highway and the Frankston Freeway, with the Eastlink.

Key Features:

* 6%+ Return
* Income: $35,039.55 Net
* Office Area: 230s.qm*
* Long Standing tenant
* Huge exposure to passing traffic
* Plenty of on-site car spaces
* Full staff amenities
* GST not attracted to sale price.

For further information or to arrange an inspection, please contact the listing agent.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.