Support Support
Your hub for guides, tutorials and product support
Support Support
Search
All Videos
Search
Back
Back to Results
Properties / Buy / Victoria / Seaford
Save
Share
Added 2 Days Ago

111 Railway Parade, Seaford, VIC 3198

Enquire
+5 Photos
/
Images
Close

111 Railway Parade, Seaford, VIC 3198

Seaford

Enquire now or Access Dataroom
111 Railway Parade, Seaford, VIC 3198
×
+7 Photos
111 Railway Parade, Seaford, VIC 3198

111 Railway Parade, Seaford, VIC 3198

Properties / Buy / Victoria / Seaford
Development Potential
Property Type
Residential, Commercial
Sub Type
Apartment Sites, Retail/Shopping Centre
Land Area
223 m² (*approx)
Zoning
Commercial 1
LGA
Frankston City
Selling Method
For Sale: $780,000 - $858,000
DOCUMENTS AVAILABLE
Request Access
Show All
Dynamic Commercial Freehold Property
  • Commercial freehold property of approx
  • Currently tenanted for Nine years
  • Great rental returns

The investment opportunity you’ve been waiting for, this dynamic commercial freehold property delivers immediate returns along with exciting development potential for a mixed-use residential and commercial project of up to three levels (STCA).

Currently leased by the Same Operator for the Last 10 Years. The current Lease term is 4 years and an additional Option of a further 5 Years (9 years in total). The property generates a Great Rental Return Per Annum plus fixed increases plus all outgoings.

With Commercial 1 zoning, the site has previously been granted approval for an additional two story’s, with 4 x two-bedroom apartments (re-approval required to proceed).

With steady passing traffic, the highly visible site has ample parking facilities at the front and side streets and is close to public transport, schools and the beach making it strongly appealing to owner-occupiers, investors and developers in a thriving south-eastern corridor locale.

Features:

* Commercial freehold property of approx. Land 223sqm.

* Shop Front – Retail Space @110m2

* Currently tenanted for 9 years (4 + 5yr option).

* Great Rental Returns plus all outgoings paid by Tenant.

* Commercial 1 zoning and mixed use with Residential.

* Development potential to build up to three levels commercial/residential use (STCA).

* Prior approval was given for two more levels including four x 2-bedroom apartments (re-approval required to proceed).

* Ample car parking to the front plus rear laneway access.

* Neighbouring retailers include an IGA X-Press, Reece & Coffee Train coffee shop.

* Well-serviced by bus routes and walk to Seaford Train Station and beach.

* Great exposure in established area.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

111 Railway Parade Development Site Summary

Property Type
Residential, Commercial
Sub-type
Apartment Sites, Retail/Shopping Centre
Land Area
223 m² (*approx)
Zoning
Commercial 1
LGA
Frankston City
Selling method
For Sale: $780,000 - $858,000
DOCUMENTS AVAILABLE
Gain Access

Development Site Highlights

Dynamic Commercial Freehold Property
  • Commercial freehold property of approx
  • Currently tenanted for Nine years
  • Great rental returns

The investment opportunity you’ve been waiting for, this dynamic commercial freehold property delivers immediate returns along with exciting development potential for a mixed-use residential and commercial project of up to three levels (STCA).

Currently leased by the Same Operator for the Last 10 Years. The current Lease term is 4 years and an additional Option of a further 5 Years (9 years in total). The property generates a Great Rental Return Per Annum plus fixed increases plus all outgoings.

With Commercial 1 zoning, the site has previously been granted approval for an additional two story’s, with 4 x two-bedroom apartments (re-approval required to proceed).

With steady passing traffic, the highly visible site has ample parking facilities at the front and side streets and is close to public transport, schools and the beach making it strongly appealing to owner-occupiers, investors and developers in a thriving south-eastern corridor locale.

Features:

* Commercial freehold property of approx. Land 223sqm.

* Shop Front – Retail Space @110m2

* Currently tenanted for 9 years (4 + 5yr option).

* Great Rental Returns plus all outgoings paid by Tenant.

* Commercial 1 zoning and mixed use with Residential.

* Development potential to build up to three levels commercial/residential use (STCA).

* Prior approval was given for two more levels including four x 2-bedroom apartments (re-approval required to proceed).

* Ample car parking to the front plus rear laneway access.

* Neighbouring retailers include an IGA X-Press, Reece & Coffee Train coffee shop.

* Well-serviced by bus routes and walk to Seaford Train Station and beach.

* Great exposure in established area.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential
Harry Fares
Harry Fares
+61 *** *** *** show +61 419 667 744
Message Message
+61 419 667 744 [email protected] Message
Access Dataroom
Harry Fares
Harry Fares
+61 *** *** *** show +61 419 667 744
Message Message
+61 419 667 744 [email protected] Message

Finance Calculator

111 Railway Parade, Seaford, VIC 3198

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

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

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 111 Railway Parade, Seaford, VIC 3198

One moment please.

Retrieving map...

New Report

Market Intelligence Report

Developments and amenities within a 5km radius of this Residential opportunity at 111 Railway Parade, Seaford, VIC 3198.

View Full Report - Dataroom
5km radius max
Distance
Asset Type

One moment please.

Retrieving latest data...

5km radius max
Distance
111 Railway Parade, Seaford, VIC 3198 Seaford
Enquire
Barry Plant - Doncaster East
Barry Plant - Doncaster East
250 Blackburn Road, Doncaster East VIC 3109, Australia
View Agency Profile
Harry Fares
Harry Fares
+61 *** *** *** show +61 419 667 744
Enquire