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103-105 Railway Parade Seaford, VIC 3198

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103-105 Railway Parade,
Seaford, VIC 3198

Shops & Retail • Development Sites & Land

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Corner the market with excellent upside !

Fully let multi-tenanted investment opportunity comprising three separate retail shops (currently on one title ) including iconic long-term Shoe Store, Hair & Beauty Salon and Sports and Body Massage Therapist.

Great corner site with rear access

Floor Area 600m2 (approx)
Land Size 658m2 (approx)

Current annual rental for the three shops is $62,000 (Approx)
NEW RENTAL FROM 1ST SEPT $64535.00 (Approx)

Shop 103 has signed a new 2x2x2 Lease commencing Sept 2015 at $41,175
Shop 104 has signed a new 2x2 lease commencing Aug 2015 at
$12,680 pa

Located in a strip that is currently undergoing some fresh development

Outstanding prospect to acquire this unique freehold investment to further develop in the future or retain as is. The site has the possibility for apartment development upstairs (STCA)

Close proximity to the beach, train stations and Frankston CBD

The property is being offered for sale as a "going concern"

Contact Trevor McCann 0407043932
Terms 10% deposit
Balance 60/90 Days

SECTION 32 ARE NOW AVAILABLE

Property ID: 501527507Last Updated: 2 Oct 2016

03 9781 18...
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103-105 Railway Parade
Seaford, VIC 3198
Century 21 Bayside Living - FRANKSTON
9 Playne Street
FRANKSTON, VIC 3199

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