136 Moorabool Street GEELONG VIC

CENTRAL GEELONG RETAIL INVESTMENT

Sold

Retail

Overview

Type
Retail
Contract
Sold
Building Size
202 sqm
Land Size
173 sqm

A prime location and a long-term tenant – two prerequisite qualities for any retail investment. Offered for the first time in 85 years this fantastic centrally located retail shop sits in the heart of Geelongs CBD retail precinct tenanted by the Australian Red Cross Society. With a healthy net return of $38,513 PA plus GST and Outgoings and a 3×3 year lease from November 2012 to 2018 this property is well established and represents a great opportunity for investors who see Geelongs CBD is set for growth.

Prime Geelong Retail with heavy foot traffic
Excellent retail shop with amenities
Long term tenant showing strong return
Returning $38,513 PA plus GST and Outgoings
3 x 3 year Lease through to 2018
202m2 of floor space on 173m2 of land approx.
Zoned Activity Centre Zone 1

Agentpoint Maps Loading…