Seaford Freehold One x Title - Two x Incomes
- Freehold proposition
- 2 x Income
- Passive long-term investment
Cameron. is pleased to bring to market this well-located freehold investment. Long leases and 2 income streams will provide the astute investor a long-term investment with secure passive income for years to come.
Belvedere Pizza has been in this location for over 15 years and is returning just under $45k net p.a.
The massage boutique returns just under $27k net p.a.
The property is part of well- known local shopping precinct and corner, opposite the Seaford Hotel which includes many local and national retailers like IGA, Chemist Warehouse, Australia Post, and many other convenience and service businesses. The property also backs onto a generous car park making access all the easier.
Features include:
* Standalone freehold investment
* Solid brick construction
* Main Road frontage with prominent exposure
* Opposite Seaford Hotel
* Massive rear carpark
* 2 x Income streams
* Low maintenance passive income
* Long term tenancies
Tenant 1: Belvedere Pizza
5 x 5-year lease commenced 1/10/2023
Returning $44,954 p.a. + GST & Outgoings (except land tax)
Annual reviews to 3%
Tenant 2: Massage Boutique
3 x 3 x 3-year lease Commenced 1/8/2024
Returning $26,910 p.a. + GST + Outgoings (except land tax)
Annual reviews 3.5%
Total Income: $71,864 p.a.
