• New 5 year Lease To The Wellness Studio

• Further terms of 5X5X5

• Lease Commencement: 28th of November 2024

Gartland are delighted to offer this immaculate fully leased freehold investment at 11/17-19 Stephen Street, Belmont For Sale via Private Sale method.

Key attributes include:

• 5 + 5 + 5 + 5 lease from 28th November 2024 to The Wellness Studio which provide a range of services to improve your Health & Wellbeing making you feel refreshed & rejuvenated and ready to tackle the World.

• Returning $33,090.10 Per annum plus GST + Outgoings with CPI annual increases and Market review at option

• The property is conveniently located in a boutique shopping strip which includes several stand out businesses.

• You are extremely well serviced by the Belmont residential area stretching all the way to Waurn Ponds

Don't miss out on this rare chance to secure a tightly held Commercial 1 Zoned freehold in one of Geelong's most rapidly expanding residential areas. With a new secure lease in place until 2044, this property is tenanted by a well-known and trusted business, ensuring long-term stability and consistent rental income.

• Zoning: Commercial 1 Zone

• Building Area: 89sqm*

• Land Area: 248sqm*

Whether you're looking to grow your portfolio or secure your first commercial investment, this is an opportunity that shouldn't be overlooked.