DOMINANT BAYSIDE MAZDA DEALERSHIP INVESTMENT LEASED TO ASX LISTED TENANT

Fitzroys is delighted to present Frankston Mazda, a substantial automotive freehold investment leased to a prominent ASX-listed tenant and strategically positioned within Melbourne's thriving bayside growth corridor.

Occupying a prominent 6,701sqm* landholding with extensive triple street frontage, the offering combines secure income, fixed rental growth and a proven trading history, representing one of Victoria's most established and awarded Mazda dealerships.

•  Landmark Mazda dealership operating continuously for over 50 years, representing one of Victoria's most established automotive retail assets
•  One of the most awarded dealerships in Victoria, having won 17 Mazda Master Dealer excellence awards
•  Long-term lease to a leading ASX-listed national automotive group
•  Secure net income of $501,500** per annum + GST
•  Land tax recoverable by the tenant (single holding basis)
•  Fixed annual rental increases providing built-in income growth
•  Significant freehold landholding of 6,701sqm* across three street frontages totalling approximately 235 metres*
•  Tenant has recently invested approximately $1.5 million into extensive showroom and service centre upgrades
•  Strategic bayside location benefiting from excellent connectivity to Melbourne CBD, the Mornington Peninsula and key arterial road networks

50 Wells Street, Seaford is offered for sale via Expressions of Interest Closing Wednesday 14th October at 3pm.

For further information or an inspection, please contact Fitzroys selling agents

Chris James

Chris Kombi

Ben Liu

*approx.
**estimated net income as at 1 December 2026.