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1-8/90 Nepean Highway, Seaford, VIC 3198

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1-8/90 Nepean Highway, Seaford, VIC 3198

Seaford

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1-8/90 Nepean Highway, Seaford, VIC 3198

1-8/90 Nepean Highway, Seaford, VIC 3198

Properties / Sold / Victoria / Seaford
Development Potential
Property Type
Residential
Sub Type
Land Site
Land Area
1,861 m² (*approx)
Selling Method
For Sale: $3,000,000 -$3,300,000
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Attention Developers!

Front row to the sandy Seaford shoreline is this rare opportunity for the savvy developer preparing for the predicted near future market upswing or perhaps land bank and hold with the entire block of 8 dwellings currently leased.

* 30m frontage to Nepean Highway

* 61m depth

* 30m rear boundary to Beach Grove

* 1861m2 ( Data from LASSI )

Note all figures are approximate in nature:

Plan measurements are displayed as 100 foot frontage x 200 foot depth.

Note - This property is NOT subject to inundation overlay.

All units are currently leased:

Weekly combined rent is approximately $2,360pw / $10,254pcm / $123,057pa

With an increase in nearby multi unit development the opportunity to secure such a rare holding of this caliber are few and far between.

Contract with section 32 available.

Site visit and walk overs upon request - individual unit inspections will require relevant notice to renters occupying each property.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1-8/90 Nepean Highway Development Site Summary

Property Type
Residential
Sub-type
Land Site
Land Area
1,861 m² (*approx)
Selling method
For Sale: $3,000,000 -$3,300,000

Development Site Highlights

Attention Developers!

Front row to the sandy Seaford shoreline is this rare opportunity for the savvy developer preparing for the predicted near future market upswing or perhaps land bank and hold with the entire block of 8 dwellings currently leased.

* 30m frontage to Nepean Highway

* 61m depth

* 30m rear boundary to Beach Grove

* 1861m2 ( Data from LASSI )

Note all figures are approximate in nature:

Plan measurements are displayed as 100 foot frontage x 200 foot depth.

Note - This property is NOT subject to inundation overlay.

All units are currently leased:

Weekly combined rent is approximately $2,360pw / $10,254pcm / $123,057pa

With an increase in nearby multi unit development the opportunity to secure such a rare holding of this caliber are few and far between.

Contract with section 32 available.

Site visit and walk overs upon request - individual unit inspections will require relevant notice to renters occupying each property.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

1-8/90 Nepean Highway, Seaford, VIC 3198

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Step 1

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You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

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Your Contribution: $x,xxx,xxx
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LVR: $x,xxx,xxx
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Loan Analysis

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Property Location of 1-8/90 Nepean Highway, Seaford, VIC 3198

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Report Contains

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1-8/90 Nepean Highway, Seaford, VIC 3198 Seaford