115a Nepean Highway,
Seaford, VIC 3198
Shops & Retail
Key property information
Land area
Floor area
Property extent
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
115a Nepean Highway
Seaford, VIC 3198
Map of 115a Nepean Highway
A PANDEMIC PROOF INVESTMENT
** SOLD **
Gross Waddell ICR is pleased to offer for sale this high exposure retail investment leased to a long established pharmacy trading for over 20 years.
• 5-year lease (comm. November 2020) to PharmaSave
• 2 further options of 5 years
• Fixed annual CPI increases, market review at option (s)
• Current income: $159,600* p.a. net
• Substantial building area of 260 sqm*
• High exposure street frontages to Nepean Highway and Broughton Street at the rear
• Pedestrian access from Nepean Highway through to Broughton Street
• Centrally located within Seaford's major and tightly held retail shopping strip
*Approx.
Gross Waddell ICR is pleased to offer for sale this high exposure retail investment leased to a long established pharmacy trading for over 20 years.
• 5-year lease (comm. November 2020) to PharmaSave
• 2 further options of 5 years
• Fixed annual CPI increases, market review at option (s)
• Current income: $159,600* p.a. net
• Substantial building area of 260 sqm*
• High exposure street frontages to Nepean Highway and Broughton Street at the rear
• Pedestrian access from Nepean Highway through to Broughton Street
• Centrally located within Seaford's major and tightly held retail shopping strip
*Approx.
Seaford, 3198 demographic data
17,215
Population
$1,500 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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