Share this property

realcommercial.com.au

29 Ryrie Street Geelong, VIC 3220

Directions

29 Ryrie Street,
Geelong, VIC 3220

Shops & Retail • Offices

Key property information

Land area

Floor area

Property extent

Zoning

Private inspections

to arrange a private inspection.

Map of 29 Ryrie Street

Directions
  • Train stations within 5 km of 29 Ryrie Street, Geelong, VIC 3220Distance
    Geelong Station344 m
    South Geelong Railway Station1.3 km
    North Geelong Station2.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 29 Ryrie Street, Geelong, VIC 3220Distance
    Fenwick St/Ryrie St (Geelong)116 m
    Gheringhap St/Ryrie St (Geelong)263 m
    Emerald StAberdeen St354 m
    Coronation StAberdeen St373 m
    Latrobe Tce/Gordon Ave (Geelong West)398 m
    POWERED BY HERE ©
POWERED BY HERE ©

Redevelop, Invest or occupy

  • Centrally located in the CBD
  • Hold as an investment and land bank
  • Vendor is prepared to demolish building
Zoned Activity Centre, this property offers many exciting options on this 501m2 (approx.) allotment. Centrally located in the CBD it is a short walk to Geelong Station, Gordon TAFE, Geelong waterfront, and the medical precinct.

Option 1 – Redevelop a retail/ office/ and/ or residential building (STCA) whilst enjoying rental of $70,000 per annum plus GST plus outgoings.

Option 2 – Hold as an investment and land bank for the future. The owner occupier is prepared to enter into a lease on flexible terms that may suit the purchaser reflecting the rental shown above.

Option 3 – Vacant land. The vendor is prepared to demolish the building should that be attractive and provide a “blank canvas”.

Option 4 – Occupy the building and continue the current use as a hair salon (99m2) approx. and utilise the 6 treatment rooms as a beauty treatment clinic, or repurpose the existing building for other uses (STCA). The vendor would also sell the business on a WIWO basis to the freehold purchaser and would be prepared to be retained for a 12 month handover period.

This high profile location provides aa sound foundation for myriad of future uses.

For further information or to arrange an inspection call -

Frank Troost 0418 884 733 or Ryan Troost 0409 955 910

Geelong, 3220 demographic data

The median household income for Geelong is $1,670, 20% higher than Regional Victoria's household income of $1,386. Geelong has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 37% of property owners in Geelong have a mortgage.

5,811
Population
$1,670 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
0417 500 5...
realcommercial.com.au logo
29 Ryrie Street
Geelong, VIC 3220
Whitford Troost Property
357 Pakington Street
NEWTOWN, VIC 3220

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.