92 Nepean Highway

Seaford VIC 3198

Block of 5 Beachside Seaford
Unique opportunity to purchase all five units on one block (1,394m2 approx.) directly opposite Seaford Beach, a stunning swimming beach with beautiful sand. The units are all on one title and this extremely versatile property boasts three street frontages (Nepean Hwy, Entrance Rd and Beach Gve). All 5 of the units are generous in size with plenty of space, having 3 sizeable bedrooms each with built-in robes, reverse cycle split systems and all kitchens having been tastefully updated in neutral tones adjacent the open lounge/dining area. High quality construction including terracotta roof tiles. Units one to four are in impeccable original condition and have a real holiday beach shack appeal. These four come fully furnished ready to rent out as holiday apartments / AirBnb or they could be rented out longer term. There is great scope to subdivide and sell them off individually (S.T.C.A.) There are so many options. Each unit also has a single carport and separate backyard (see virtual inspection of Unit 3 as this is typical of the first four units). Unit 5 is /was the caretaker's residence and has been updated somewhat including a wall partitioning the kitchen from the lounge/dining area plus a single garage as well as a single carport and additional yard space (see virtual inspection Unit 5). This unit does not include furniture. The estimated rental return is $113,000 to $120,000 per annum or a well-run AirBnb will most likely yield a far greater annual return.

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