OFF MARKET

2242 Seaspray Road
Seaspray VIC 3851

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 491496m2
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Property Details for 2242 Seaspray Rd, Seaspray

Building Type
Rural
Land Size
491496m2
Local Government
Wellington
Lot/Plan
2/PS621450

Last Listing description (September 2022)

Auction Location: ON SITE

This stunning elevated 48.86 Hectare (120.68 Acre) allotment set high on the ridge overlooking Seaspray and the 90 Mile Beach is a once in a lifetime opportunity.
The land is amazing with some brilliant potential home sites and gentle rolling country that has absolute frontage to the meandering onto Merrimans Creek.

There are three income streams on the property with set leases in place to Telstra and Optus that cover two towers and an exchange. These leases provide a total income at the moment of $31,499 plus GST per annum with set terms, options and annual increases.
The other major feature is that the land is currently zoned farming, but with adjoining and nearby land currently boasting a low density rural zoning there may be potential in the future to work with the shire to get this land rezoned.
What an outstanding opportunity this site represents to the astute purchaser!
TERMS 10% Deposit: Balance in 60 Days

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist Or call us on (03) 5144 4333

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Property History for 2242 Seaspray Rd, Seaspray, VIC 3851

A timeline of how this property has performed in the market
Last Sold
$1,370,000
17 Jul 2022
  • 17 Jul 2022
    Sold for $1,370,000
  • 02 Jun 2022
    Listed for Sale AUCTION: 16TH JULY 2022 @ 11AM ON SITE

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