85-87 Charles StreetSeddon VIC 3011
Property Details for 85-87 Charles St, Seddon
Last Listing description (July 2024)
Nelson Alexander Commercial are delighted to offer For Private Sale this stunning Seddon corner investment opportunity. Located in the heart of Seddon Village and leased to national independent supermarket retailer Foodworks this is the perfect set and forget investment opportunity for the astute investor. The property is located on the high exposure corner of Charles Street and Greig Street and benefits from the pedestrian crossing being directly out the front. Foodworks is one of Australias largest independent supermarket chains with over 400 supermarkets across Australia. The tenant has a secure long term 30 year lease which gives you the peace of mind to purchase with confidence. Seddon is only 7kms from the CBD and is one of Melbournes most sought after suburbs with an abundance of top cafes, restaurants and bars. This is a fantastic secure investment opportunity on a prime Seddon corner that we highly recommend.Property Features: Zoned Commercial 1 (C1) Land Area 465m2 (approx.) Building Area 359m2 (approx.) Leased to National Retailer Foodworks Over 400 Supermarkets Nationwide Long Term Secure 30 Year Lease Fixed Rent Increases Built In Prime High Exposure Seddon Corner Perfect set and forget investment opportunity Seddon is only 7kms from the CBD Located amongst top cafes, restaurants and bars This is a fantastic opportunity that we highly recommend!For all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
Property History for 85-87 Charles St, Seddon, VIC 3011
- 04 Jul 2024Listed for Sale Contact Agent
- 03 Jul 2024Sold for $2,330,000
- 01 Sep 2010Sold for $1,300,000
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0About Seddon 3011
The size of Seddon is approximately 0.9 square kilometres. It has 7 parks covering nearly 2.5% of total area. The population of Seddon in 2016 was 5123 people. By 2021 the population was 5143 showing a population growth of 0.4% in the area during that time. The predominant age group in Seddon is 30-39 years. Households in Seddon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Seddon work in a professional occupation.In 2021, 58.90% of the homes in Seddon were owner-occupied compared with 57.00% in 2016.
Seddon has 3,124 properties. Over the last 5 years, Houses in Seddon have seen a 0.71% increase in median value, while Units have seen a 10.63% increase. As at 31 March 2026:
- The median value for Houses in Seddon is $1,147,449 while the median value for Units is $664,746.
- Houses have a median rent of $695 while Units have a median rent of $550.
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