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278 - 280 Seaford Road
Seaford VIC 3198
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Sold on 4 Dec 2015

278 - 280 Seaford Road Seaford VIC 3198

  • Shop & Retail
  • 1,362 m²
  • Sold

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

CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold4 Dec 2015
Floor Area1,362 m²
Land Area2,448 m²
ParkingOn site parking available
Property ID2012283426
Category
 Shop & Retail
Last updated  3 Oct 2023
Map for 278 - 280 Seaford Road Seaford VIC 3198
CBRE
CBRE
Level 34, 8 Exhibition Street
Melbourne, VIC 3000

Property Highlights

Date Sold4 Dec 2015
Floor Area1,362 m²
Land Area2,448 m²
ParkingOn site parking available
Property ID2012283426
Category
 Shop & Retail
Last updated  3 Oct 2023

Listed by

CBRE
Call
03 86213333

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            More about 278 - 280 Seaford Road Seaford VIC 3198

            278 - 280 Seaford Road Seaford VIC 3198 is categorized as Shop & Retail Property. It has a floor area of 1,362 m² and a land area of 2,448 m². The listing ID for this property is 2012283426.

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