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Retail in Seddon
NOTHING FISHY ABOUT THIS SHOP AND DWELLING INVESTMENT!
- Building: 166m²
- Land: 121m²
Additional Information:
Floorplan- Ray White Preston Commercial are excited to offer this superb shop and 3 bedroom dwelling freehold investment in thriving Charles Street, Seddon
- Positioned in the heart of the sought after Seddon Village location only 400 metres* to the train station and 5kms* to Melbourne CBD
- Surrounded by notable national and local retailers along with numerous cafes and restaurants
- Shop with self contained first level 5 room dwelling inclusive of 3 bedrooms, lounge, bathroom with toilet and shower amenities
- Leased to longstanding and well-regarded " Saint Charles Fish and Chippery " with the current tenant in possession since 2015
- Four (4) year lease term to 22.12.2029 with a further option of four (4) years
- Currently returning $44,720 per annum plus outgoings
- CPI cent annual increases with a market review on the option
- Flexible Commercial 1 Zoning with frontage to Charles Street and rear access
- Commercial One Zoned land of 121 sqm*
- Long term food premises of 50 years
- 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.
166m²
121m² / 0.02 acres
Commercial One
Tenanted
