Sold

  • 8 Collopy Street
  • North Geelong VIC
  • 5755sqm
  • 3482sqm
  • Industrial 1 Zone

$5,360,000

8 Collopy Street, North Geelong VIC
Sold

Close

  • 8 Collopy Street
  • North Geelong VIC
  • 5755sqm
  • 3482sqm
  • Industrial 1 Zone

$5,360,000

Investment with Secure Two Tenancies

Introducing 8 Collopy Street, North Geelong - Now Available for Sale!

This prime property offers easy accessibility to all areas via Princes Hwy and is conveniently located just minutes away from Corio Quay and the Victorian port, providing efficient freight and passenger services. Enjoy the added benefit of being a mere 10-minute drive to Geelong CBD. With two secure tenancies already in place, this is an exceptional investment opportunity not to be missed.

Two high quality tenants with a combined rental return of $325,380.00 per annum + GST + Outgoings.

Property Features:

• Tenancy 1 - 5 years from April 2021 with 1 further term of 5 years and a return of $145,380.00 p/a ++ ( April 2025 rent $149,107.92 p/a + +)

• Tenancy 2 - 3 years from March 2023 with further term of 3 years and a return of $180,000.00 p/a ++ (March 2025 rent $190,000 p/a + +)

• Building Area 3,482sqm approx.

• Land Area 5,755sqm approx.

• Industrial 1 Zone

Contact us today to arrange an inspection of the property.

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