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Retail for Sale

67 Charles Street Seddon, VIC 3011

$880,000 to $935,000Floorplan
  • Building: 166m²
  • Land: 121m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Seddon

NOTHING FISHY ABOUT THIS INVESTMENT!

  • Building: 166m²
  • Land: 121m²
  • Ray White Preston Commercial are excited to offer this superb shop and residence / freehold investment in the thriving Charles Street, Seddon
  • Positioned in the heart of the sought after Seddon Village location
  • Surrounded by notable national and local retailers along with numerous cafes and restaurants
  • 400 metres* to train station and only 5kms* to Melbourne CBD
  • Leased to longstanding and well-regarded "Charles Street Fish and Chips" with the current tenant in possesion for the last 7 years
  • Four (4) year lease term until 22.12.2029 with a further option of four (4) years
  • Currently returning $44,720 per annum plus outgoings
  • Market reviews in year one of the option with fixed 4 per cent annual increases
  • Flexible Commercial 1 Zoning with frontage to Charles Street and rear access
  • Commercial One Zoned land of 121m2*
  • The property is eligible for Self Managed Super Fund (SMSF) LRBA Borrowing
  • Tax effective investment opportunity with the Negative Gearing option available for investors
  • Approximately

From 1 July 2024, the State Revenue Office offers eligible buyers of commercial and industrial properties the option to pay stamp duty upfront at settlement or spread payments over 10 years.

For further information or to arrange an inspection contact:
John Kalpakis: 0412 500 250
john.kalpakis@raywhite.com
or
Mitchell Kalpakis: 0428 761 735
mitch.kalpakis@raywhite.com

DISCLAIMER:
Whilst Ray White Preston have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accepts no responsibility and disclaims all liability in respect of any errors, inaccuracies, or misstatements contained herein.
Ray White Preston urges prospective purchasers to make their own inquiries to verify the information contained herein.

Building:

166m²

Land:

121m² / 0.03 acres

Zone:

Commercial One

Tenancy:

Tenanted

Due diligence checklist for home and residential property buyers

67 Charles Street, Seddon, VIC 3011
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