ENTRY LEVEL FREEHOLD INVESTMENT WITH NEW 5 YEAR LEASE

Teska Carson is pleased to present 154 Austin Road, Seaford for sale via Public Auction on Friday 31 May at 1pm on-site. The property is well located within a well performing neighbourhood retail strip boasting a quality mix of retailers and service providers. The key highlights of the opportunity include: - Income of $19,622 p.a. plus GST and Outgoings - Brand new 10 year (5 x 5) lease commencing 1 July 2024 - Rent reviews: Annual CPI and market at option - Rectangular 185m2* landholding zoned Commercial 1 with 6 metre* frontage and rear access - Building area of 149m2* - Potential for further development (STCA) - Immediate access to Eastlink Freeway and large selection of lifestyle amenity including Frankston CBD, Peninsula Kingswood Country Golf Club Please call for further information or to arrange an inspection. *approx.