278-280 Seaford Road, Seaford, VIC 3198 | Property Value & History | OnTheHouse
OFF MARKET

278-280 Seaford Road
Seaford VIC 3198

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1362m2
Land area: 1058m2
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Property Details for 278-280 Seaford Rd, Seaford

Building Type
Commercial
Year Built
1986
Floor Size
1362m2
Land Size
1058m2
Local Government
Frankston
Lot/Plan
1/TP215477

Last Listing description (October 2023)

Brand new 15 year Net lease to Ritchie's Supa IGA plus 2 further 10 year options expiring 2050

Highly exposed Commercial 1 Zoned 2,448 sqm** land holding

Valuable 37 metre* frontage onto Seaford Road, at the highly exposed junction of Frankston-Dandenong Road

Diverse annual income of $251,000 pa* ($184 per sqm Net) with fixed annual CPI rental increases

Substantial building area of 1,362 sqm, with dual access points provided to the strong performing store

Surrounded by more than 200* free at-grade car parks, including a significant number on title

Justin Dowers
CBRE Victorian Retail Investments
+61 438 098 805

Rorey James
CBRE Victorian Retail Investments
+61 439 400 081

Mark Wizel
CBRE Victorian Retail Investments
+61 409 809 868

David Johnson
Cameron Industrial Commercial
+61 404 005 809

Property History for 278-280 Seaford Rd, Seaford, VIC 3198

A timeline of how this property has performed in the market
Last Sold
$2,465,000
28 Mar 2003
Listed for Rent
$249/w
08 Dec 2020
  • 10 Jun 2020
    Listed for Rent $12,967 / year
  • 04 Oct 2018
    Listed for Rent $11,004 / year
  • 19 Jul 2018
    Listed for Rent $12,000 / year
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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 10,764 properties. Over the last 5 years, Houses in Seaford have seen a 3.08% increase in median value, while Units have seen a 15.50% increase. As at 31 July 2026:

  • The median value for Houses in Seaford is $873,096 while the median value for Units is $683,983.
  • Houses have a median rent of $623 while Units have a median rent of $550.
There are currently 45 properties listed for sale, and 26 properties listed for rent in Seaford on OnTheHouse. According to Cotality's data, 470 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.