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7 Ryan Place Geelong, VIC 3220

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For Sale

7 Ryan Place Geelong, VIC 3220

Offices
Sale Price

$2,670,000

Excl. GST

Land area

904.0m²

Floor area

680.0m²

Parking info

Available

Tenure type

Tenanted Investment

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$160,000
Number of Tenants
1 Tenant

Solid Investment

  • Recently refurbished
  • Central location
  • Disabled access
Colliers International are excited to offer for sale 5 and 7-9 Ryan Place South.

Situated in the Geelong CBD, this fully leased office investment has recently undergone a full refurbishment that incorporates the original redbrick warehouse with a modern, functional office.

5 and 7-9 Ryan Place is securely leased to The Roman Catholic Trust Corporation on a brand new 5 year lease with a further option of 5 years. Returning $160,000 pa and the tenant paying all applicable outgoings, this is a solid investment.

This ideally situated office space is within walking distance to Westfield Geelong, St John of God Hospital and University Hospital, as well as new quality CBD developments such as WorkSafe and NDIS’s new headquarters.

Location wise, this office space is perfectly positioned within the CBD and gives the potential for further development in the future (STCA)

Features:
- Brand new 5 year lease to the Roman Catholic Trust Corporation
- Returning $160,000 pa
- Office area of 680 square metres*
- Total land area of 904 square metres* across 2 titles
- Onsite parking for 10 cars
- Recently refurbished
- Central location
- Open plan office areas with board room, meeting room and staff amenities within
- Zoned Activity Centre
- Disabled access

*Approx.

For Sale: $2,670,000 representing a yield of 6%

Please contact Colliers International agents Andrew Lewis on 0418 508 908, Jonathon Lumsden on 0402 213 572 or Sam Neale on 0438 480 266 for further details

Property ID: 503071606Last Updated: 18 Apr 2019

7 Ryan Place
Geelong, VIC 3220

Agency contacts

Colliers International - Geelong

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Colliers International - Geelong

60 Gheringhap Street
GEELONG, VIC 3220
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Send to:

Jonathon Lumsden
Colliers International - Geelong
7 Ryan Place Geelong, VIC 3220

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Jonathon Lumsden

    Colliers International - Geelong
    +61 *** ***
  • Sam Neale

    Colliers International - Geelong
    +61 *** ***
  • Andrew Lewis

    Colliers International - Geelong
    +61 *** ***