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Secure Industrial Investment
Gartland is pleased to offer 4 Wilray Street, Grovedale for sale via the Auction process,
4 Wilray St is strategically located in Grovedale with access from Marshalltown Road & Grove Road and presents an outstanding opportunity to acquire a secure industrial investment positioned in one of Geelong's strongest Industrial precincts and now is the time to invest before you are locked out of the market. This is prime position & Real Estate with present vacancies at an all time low.
This property is excellent holding with future development potential.
Tenancy Details:
• Long standing established tenant occupying the building for over 10 years
• Leased to 31/10/22 with two further options of 2 years each
• Currently returning $25,924.32 per annum + GST + Outgoings
• Annual CPI increments & Market Review at Option
Key Features Include:
• Warehouse of 264m2 approx
• Land area of 684m2 approx
• Measurements of 16m X 40m
• Front and side roller doors
• Up to 10 car spaces
• Side & rear yard
• Office space
• 5 metres in height
• Kitchenette & toilet facilities
• Zoning: Commercial 2 Zone