274 Seaford Road,
Seaford, VIC 3198
Other • Shops & Retail
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$71,864
Number of Tenants
2 Tenants
Tenants / Type
Belvedere Pizza
Private inspections
to arrange a private inspection.
Cameron - Head Office
3 Ordish RoadDANDENONG SOUTH, VIC 3175
04143560...
274 Seaford Road
Seaford, VIC 3198
Map of 274 Seaford Road
Train stations within 5 km of 274 Seaford Road, Seaford, VIC 3198 Distance Kananook Station 2.1 km Seaford Station 2.6 km Frankston Station 4.3 km Leawarra Station 4.7 km Carrum Station 4.9 km POWERED BY HERE ©Bus stops within 5 km of 274 Seaford Road, Seaford, VIC 3198 Distance Seaford Rd/Frankston-Dandenong Rd (Seaford) 118 m Bursaria Cres/Frankston-Dandenong Rd (Frankston North) 150 m Laurina Cres/Excelsior Dr (Frankston North) 227 m Seaford Rd/Henry Cres (Seaford) 301 m Mitre CresBallarto Rd 321 m POWERED BY HERE ©
POWERED BY HERE ©
Seaford Freehold One x Title - Two x Incomes
- Freehold proposition
- 2 x Income
- Passive long-term investment
Cameron. is pleased to bring to market this well-located freehold investment. Long leases and 2 income streams will provide the astute investor a long-term investment with secure passive income for years to come.
Belvedere Pizza has been in this location for over 15 years and is returning just under $45k net p.a.
The massage boutique returns just under $27k net p.a.
The property is part of well- known local shopping precinct and corner, opposite the Seaford Hotel which includes many local and national retailers like IGA, Chemist Warehouse, Australia Post, and many other convenience and service businesses. The property also backs onto a generous car park making access all the easier.
Features include:
* Standalone freehold investment
* Solid brick construction
* Main Road frontage with prominent exposure
* Opposite Seaford Hotel
* Massive rear carpark
* 2 x Income streams
* Low maintenance passive income
* Long term tenancies
Tenant 1: Belvedere Pizza
5 x 5-year lease commenced 1/10/2023
Returning $44,954 p.a. + GST & Outgoings (except land tax)
Annual reviews to 3%
Tenant 2: Massage Boutique
3 x 3 x 3-year lease Commenced 1/8/2024
Returning $26,910 p.a. + GST + Outgoings (except land tax)
Annual reviews 3.5%
Total Income: $71,864 p.a.
Belvedere Pizza has been in this location for over 15 years and is returning just under $45k net p.a.
The massage boutique returns just under $27k net p.a.
The property is part of well- known local shopping precinct and corner, opposite the Seaford Hotel which includes many local and national retailers like IGA, Chemist Warehouse, Australia Post, and many other convenience and service businesses. The property also backs onto a generous car park making access all the easier.
Features include:
* Standalone freehold investment
* Solid brick construction
* Main Road frontage with prominent exposure
* Opposite Seaford Hotel
* Massive rear carpark
* 2 x Income streams
* Low maintenance passive income
* Long term tenancies
Tenant 1: Belvedere Pizza
5 x 5-year lease commenced 1/10/2023
Returning $44,954 p.a. + GST & Outgoings (except land tax)
Annual reviews to 3%
Tenant 2: Massage Boutique
3 x 3 x 3-year lease Commenced 1/8/2024
Returning $26,910 p.a. + GST + Outgoings (except land tax)
Annual reviews 3.5%
Total Income: $71,864 p.a.
Seaford, 3198 demographic data
17,215
Population
$1,500 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Cameron - Head Office3 Ordish Road
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175
More properties from Cameron - Head Office
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
490 Cranbourne-Frankston Road,Langwarrin, VIC 3910 5.88 ha (14.52 acres)Development Sites & Land • Other