278 - 280 Seaford Road,
Seaford, VIC 3198

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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

Property ID: 501712521Last Updated: 3 Oct 2023

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