2/37-38 Wells Road, Seaford, VIC 3198 | Property Value & History | OnTheHouse
OFF MARKET

2/37-38 Wells Road
Seaford VIC 3198

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 101m2
Land area: 403m2
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Property Details for 2/37-38 Wells Rd, Seaford

Building Type
Commercial
Floor Size
101m2
Land Size
403m2
Local Government
Frankston
Lot/Plan
2/PS415352

Last Listing description (August 2022)

Being offered for sale by Auction, this main road warehouse/showroom is available with Vacant Possession or with the current monthly tenancy.

Leased by "Frankston Accident Repairs" on a month-to-month tenancy, the business has operated from this location for nearly two decades. The current annual rental is $46,307 + GST and the tenant pays all outgoings.

Prominently positioned fronting Wells Road and on the corner of McCulloch Avenue, the property is surrounded by quality business and exposed to thousands of passing cars daily.

Directly opposite Kananook Train Station, the location is well serviced by public transport and is a short distance (2.3km) from the Frankston CBD.

This fantastic property has a ground floor building area of 370sqm*, has abundant on-site car parking spaces and is serviced by a wide (approximately 9 meter) rear laneway with for loading/unloading and deliveries.

Owned by the same family for over 20 years, don't miss your opportunity to "snap up" a warehouse on one of Seaford's most popular roads.

Key features Include:

* Total building size: 370sqm*
* Warehouse height up to 6.3m*
* Motorised roller door 4.4m* high
* Front and rear access
* Male & female amenities
* Industrial 1 Zone

Terms: 10% deposit, balance due in 30/60/90 days
Auction: Thursday 28th July 2022 @ 2pm on site

For further information or to arrange an inspection, please contact

James Dodge
Josh Monks

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

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

Property History for 2/37-38 Wells Rd, Seaford, VIC 3198

A timeline of how this property has performed in the market
Last Sold
$812,000
28 Jul 2022
  • 28 Jul 2022
    Sold for $812,000
  • 23 Jun 2022
    Listed for Sale Contact Agent
  • 17 May 2021
    Listed for Sale Contact Agent
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About Seaford 3198

The size of Seaford is approximately 12.5 square kilometres. There are 35 parks, covering nearly 24.3% of the total area. The population of Seaford in 2016 was 16463 people. By 2021 the population was 17215 showing a population growth of 4.6% 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 2021, 62.90% of the homes in Seaford were owner-occupied compared with 62.60% in 2016.

Seaford has 10,723 properties. Over the last 5 years, Houses in Seaford have seen a 16.21% increase in median value, while Units have seen a 26.27% increase. As at 30 April 2026:

  • The median value for Houses in Seaford is $936,158 while the median value for Units is $696,267.
  • Houses have a median rent of $600 while Units have a median rent of $523.
There are currently 35 properties listed for sale, and 20 properties listed for rent in Seaford on OnTheHouse. According to Cotality's data, 505 properties were sold in the past 12 months in Seaford.

Suburb Insights for Seaford 3198

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.