Positioned directly opposite the golden sands of Seaford Beach and moments from Kananook Creek, this low-maintenance apartment represented an increasingly rare opportunity to secure an affordable investment in one of Melbourne's most tightly held coastal pockets.
The property was sold with a secure tenancy already in place, currently returning $1,868 per calendar month with the lease running until March 2027.
With an estimated market rent of approximately $450$475 per week, the property also offered clear future rental upside and strong long-term investment appeal.
The apartment featured:
2 generous bedrooms with double glazed windows
Light-filled open plan living and dining area
Floating flooring and split system heating/cooling
Functional modern kitchen with ample storage
Bright combined bathroom and laundry
Allocated car space
Desirable north-west orientation with excellent natural light
Investment Information:
Current Rent: $1,868 PCM
Estimated Market Rent: $450$475 per week
Lease Expiry: March 2027
Owners Corporation Fees: Approx. $545 per quarter
The location was a major drawcard, directly opposite Seaford Beach and within easy walking distance of Seaford shopping village, cafes, train station, recreational facilities and the walking trails along Kananook Creek.
Sold exclusively off market through fosterfroling Real Estate without the need for major portal advertising.
Another quality investment successfully matched with our off-market buyer network.
