39 Milne Avenue, Seaford

Sold

Monday, 11th November 2019

3 Units – 1 Title

Conveniently located in Seaford’s Industrial Estate. Only 1.9km* from Seaford Station & 3.8km* to Frankston CAD. Neighbouring tenants includes Ventura Bus lines & Frankston Taxis.

This property presents a very rare opportunity to purchase 3 Industrial units on the 1 title! With all 3 units currently leased the property is returning: $19,867.20 PA + GST + outgoings. The property has been securely leased for a number of years with 2 of the 3 tenants being there for over 13 years! The current rent is very modest with potential for future capital growth with refurbishment or Subdivision (STCA).

With interest rates being at a record low now is the time to invest in property!

Tenancy schedule:

Unit 1
Size: 74sqm*
Current Rental return: $6291PA + GST + outgoings

Unit 2
Size: 87sqm*
Current Rental return: $5536.20PA + GST + outgoings

Unit 3
Size: 87sqm*
Current Rental return: $8040PA + GST + outgoings

Please register your interest for attending the Open for Inspection.

For further information or to arrange an inspection, please contact:

James Dodge 0488 586 896

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

GET IN TOUCH. WE’RE ALWAYS HERE TO HELP