Block of 5 Beachside Seaford

92 Nepean Highway, Seaford, 3198

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2,200,000 AUDEst. Mortgage: AUD 15,459/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 1,394 sqft
  • Bedrooms 15
  • Bathrooms 5
  • Furnished No
  • Last Updated 28th Jan, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 1
  • Open Spaces: 5
  • Shed
  • Air Conditioning
  • Built-in Wardrobes

Property Overview

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.<br/><br/>By sending an enquiry through this website, you will receive an automated email response with additional information and links to the two virtual inspections as only one could be uploaded to this website.<br/><br/>This property is for sale by fixed date and will close on Friday 24th February 2023 at 4:00pm<br/>

Location on Google Map

92 Nepean Highway, Seaford, 3198

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