68 The Terrace,
Ocean Grove, VIC 3226
Shops & Retail • Offices
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Map of 68 The Terrace
THE COMPLETE PACKAGE
- TIGHTLY HELD COASTAL PRECINCT
- DIVERSIFIED INCOME
- TRUE DEVELOPMENT POTENTIAL
*** SOLD ***
- Secure leases in place for both tenancies; RT Edgar Bellerine and Ocean Grove Cellars
- Combined income: $124,473 pa net
- Two level freehold totalling 373m2* plus balcony
- Land holding of 606m2* with significant redevelopment potential
- Demolition clauses in both lease agreements
- Favourable Commercial 1 Zoning (13.5m height limit)
- Excellent onsite car parking at the rear accessed via Presidents Avenue
10% deposit, Balance of monies 60/90 days
*Approx.
- Secure leases in place for both tenancies; RT Edgar Bellerine and Ocean Grove Cellars
- Combined income: $124,473 pa net
- Two level freehold totalling 373m2* plus balcony
- Land holding of 606m2* with significant redevelopment potential
- Demolition clauses in both lease agreements
- Favourable Commercial 1 Zoning (13.5m height limit)
- Excellent onsite car parking at the rear accessed via Presidents Avenue
10% deposit, Balance of monies 60/90 days
*Approx.
Property ID: 504062211Last Updated: 2 Aug 2022
Darcy Jarman - Geelong
Level 1, 89 West Fyans StreetNEWTOWN, VIC 3220
68 The Terrace
Ocean Grove, VIC 3226
Darcy Jarman - Geelong Level 1, 89 West Fyans Street
NEWTOWN, VIC 3220
NEWTOWN, VIC 3220
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