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Teska Carson Pty Ltd - Richmond

154 Austin Road Seaford, VIC 3198

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154 Austin Road,
Seaford, VIC 3198

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Teska Carson Pty Ltd - Richmond
Reece Israel
Matthew Feld

Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121
Teska Carson Pty Ltd - Richmond
154 Austin Road
Seaford, VIC 3198

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ENTRY LEVEL FREEHOLD INVESTMENT WITH NEW 5 YEAR LEASE

  • Brand new 10 year lease
  • Entry level commercial investment
  • Income: $19,622 p.a. + GST & Outgoings
Teska Carson is pleased to present 154 Austin Road, Seaford for sale via Public Auction on Friday 31 May at 1pm on-site.

The property is well located within a well performing neighbourhood retail strip boasting a quality mix of retailers and service providers.

The key highlights of the opportunity include:

- Income of $19,622 p.a. plus GST and Outgoings

- Brand new 10 year (5 x 5) lease commencing 1 July 2024

- Rent reviews: Annual CPI and market at option

- Rectangular 185m2* landholding zoned Commercial 1 with 6 metre* frontage and rear access

- Building area of 149m2*

- Potential for further development (STCA)

- Immediate access to Eastlink Freeway and large selection of lifestyle amenity including Frankston CBD, Peninsula Kingswood Country Golf Club

Please call for further information or to arrange an inspection.

*approx.

Property ID: 504579792Last Updated: 31 May 2024

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