Amazing Development Site with Plans. Excellent Holding Asset.

Opportunity for an astute Developer. 3 Storey development ready to go!

This is an amazing opportunity to acquire a stand alone retail premise located in the South Eastern growth corridor. As well as being a short walk to the beach and close to both Seaford and Carrum train stations.

Currently on ground floor level the building is approx. 110sqm on approx. 221 sqm of land. There is a lease in place returning holding income of $22,464per annum. The first term of this lease ends May 2025.

Plans are ready and waiting approval for a a three storey development which consists of  four two bedroom apartments with a ground floor retail space.

Commercial 1 Zone

Rear Access

Prime location

Suit Owner Occupier/Investors/Developers

Contact Matthew Kenny today for a copy of the plans and further information 0413 743 876

221 m2
Address 111 Railway Pde, Seaford
Price $840,000 - $890,000 Contact Agent 0413743876
Property Type Commercial
Property ID 549
Category Retail, Land/Development, Other
Land Area 221 m2

Agent Details

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Matthew Kenny

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