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111 Railway Parade, Seaford

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Outstanding Development Site With Approved Plans & Permits

An outstanding opportunity to acquire a stand alone retail property located in the South-Eastern growth corridor and situated within a close proximity to Carrum & Seaford Train Station and walking distance to the beach.

'The premises currently occupies a ground floor area of approximately 110 sqm on a land size of 231 sqm. It is currently leased to an established fish and chip shop on a three year term having commenced in June 2017 with no further options.

Plans and Permits have been approved for a three story development comprising four, two bedroom apartments and a ground floor retail shop.

Features include:

• Suit Owner Occupiers/Investors/Developers
• Prime Location and Exposure
• Land Area 231 sqm approximately
• Building Area 110 sqm approximately
• Commercial 1 Zone
• Rear Lane Access
• Current Rental $20,292 Incl GST + Outgoings
• Approved Plans & Permits for 4 Two Bedroom & 1 Retail Shop
• Other Retailers Include IGA X-Press, Reece & Coffee Train

For further information please contact the Commercial Team

Available documents