SOLD
Sold on 11 Oct 2023 for $1,300,000

27 Wells Road
Seaford VIC 3198

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 175m2
Land area: 1301m2
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Property Details for 27 Wells Rd, Seaford

Building Type
Commercial
Floor Size
175m2
Land Size
1301m2
Local Government
Frankston
Lot/Plan
2/LP142345

Last Listing description (March 2023)

Nichols Crowder is delighted to bring to market 27 Wells Road, Seaford.

This property provides a fantastic opportunity to purchase a main road Industrial 1 Zoned block of land. Currently tenanted on a monthly overholding basis returning $59,603 p.a. + GST + outgoings.

The property benefits from having 22m of frontage onto the busy Wells Road and is surround by quality tenancies such as Seaford Mowers, Peninsula Renault and Frankston Isuzu. The property is easily accessible via many arterial roads including Frankston Freeway, Eastlink (M3), Peninsula Link, Nepean Highway with Bayside Shopping Centre, Kananook train station and bus stop serviced by routes 779 and 832 at its doorstep.

Features include:

* Total land area: 1,355sqm*
* Fully fenced with front gate
* Small site office and rear shed onsite
* Electrical and sewage services connected
* Returning $59,603 p.a. + GST + outgoings
* Industrial 1 zone
* 22m frontage onto Wells Road

For further information or to arrange an inspection, please contact:

James Dodge

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

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Property History for 27 Wells Rd, Seaford, VIC 3198

A timeline of how this property has performed in the market
Last Sold
$1,300,000
11 Oct 2023
Listed for Rent
04 Oct 2016
  • 11 Oct 2023
    Sold for $1,300,000
  • 29 Sep 2022
    Listed for Sale $1,350,000 - $1,450,000
  • 09 Jun 2017
    Sold for $820,000
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About Seaford 3198

The size of Seaford is approximately 12.5 square kilometres. It has 35 parks covering nearly 24.3% of total area. The population of Seaford in 2011 was 16,032 people. By 2016 the population was 16,455 showing a population growth of 2.6% in the area during that time. The predominant age group in Seaford is 30-39 years. Households in Seaford are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Seaford work in a professional occupation. In 2011, 63.4% of the homes in Seaford were owner-occupied compared with 62.6% in 2016.

Seaford has 10,568 properties.

    There are currently 57 properties listed for sale, and 28 properties listed for rent in Seaford on OnTheHouse. According to CoreLogic's data, 388 properties were sold in the past 12 months in Seaford.

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