A truly rare offering in one of Seaford's most tightly held and highly sought-after pockets, 86-88 Rosslyn Avenue presents an exceptional opportunity to secure a substantial 1,530sqm (approx.) double allotment comprising four established two-bedroom residences on a single title, delivering immediate holding income together with outstanding future development potential.
Generating a combined rental income of approximately $78,140 per annum, this is the ideal acquisition for investors, developers and land bankers seeking a secure asset with proven performance. The property is occupied by long-term tenants, providing dependable cash flow from settlement while offering the flexibility to enhance the site over time.
Beyond its impressive rental credentials lies the property's greatest strength - an expansive rear section offering the opportunity to further capitalise on the landholding. Subject to council approval, purchasers may explore the potential to construct additional dwellings at the rear, increasing both the site's overall value and rental yield while retaining the existing income-producing residences.
Positioned within Seaford's renowned 'Golden Triangle', the location continues to attract strong tenant demand thanks to its exceptional lifestyle and connectivity.
Enjoy an easy stroll to Kananook Train Station, pristine Seaford Beach and Kananook Creek walking trails, while Woolworths, Frankston CBD, Frankston Hospital, Monash University, Chisholm TAFE, quality schools and major shopping precincts are all just moments away. Commuters will appreciate effortless access to Peninsula Link, Eastlink and the Frankston Freeway, placing Melbourne and the Mornington Peninsula within easy reach.
Opportunities of this calibre are increasingly difficult to secure. Whether your strategy is to enjoy a strong income-producing investment, land bank in a premium coastal growth corridor, or unlock the site's future development potential (STCA), 86-88 Rosslyn Avenue represents a blue-chip acquisition with immediate returns and long-term upside.
Investment Highlights
- Double allotment of 1,530sqm (approx.)
- Four income-producing two-bedroom units on one title
- Returning approximately $78,140 per annum
- Secure rental income from long-standing tenants
- Highly sought-after "Golden Triangle" Seaford location
- Outstanding potential for further development/additional dwellings (STCA)
- Minutes to the beach, train station, shopping, schools, Frankston CBD and major freeway connections.
Contact the team at Elysium to organise a private viewing.
Piere Shakur | 0421 043 010
Dez Mujcic | 0425 172 033
