39 Milne Avenue, Seaford

Nichols Crowder

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.

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