Shop 1/163 Bellarine Highway,
Newcomb, VIC 3219

Shops & Retail • Offices • Showrooms & Large Format Retail

Key property information

Land area

Floor area

Tenure type

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Map of Shop 1/163 Bellarine Highway

Directions

Entry Level Fast Food Investment

Long Established Successful Pizza Hut
Capital Intensive Fit-Out
Exposure to Bellarine Highway

Securely leased to May 2018 plus options to 2026.
Annual CPI rent reviews – Market review at options.
Usual outgoings payable by the tenant as per the lease.
Established Pizza Hut outlet trading on-site since 2000.
96 sqm premises with capital intensive fitout.
Retail frontage and exposure to Bellarine Highway – 22,000+ vehicles passing daily (Source: VicRoads).
Important 140+ car spaces on common property.
Strategic Highway location central amongst McDonald's, KFC, Subway, 7-Eleven, Caltex etc.
Greater Geelong: Growing regional city of 220,000+ predicted to double by 2050 (G21 Regional Growth Plan).
Rent: $36,265 pa.

Auction 11am Wednesday 29th June
River Room, Crown Casino, Melbourne

Newcomb, 3219 demographic data

The median household income for Newcomb is $1,148, 17% lower than Regional Victoria's household income of $1,386. Newcomb has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 44% of property owners in Newcomb have a mortgage.

4,704

Population

$1,148 per week

Median household income

40 years

Median age

Owners

Most residents

Families

Most households