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Dulhunty, 35-39 Buckley Grove Geelong, VIC 3220

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Dulhunty, 35-39 Buckley Grove Geelong, VIC 3220

Shop & Retail • Warehouse, Factory & Industrial
Sold Price

$2,675,000

Land area

0.62ha (1.54 acres)

Floor area

1390.0m²

Tenure type

Tenanted Investment

NABERS

0.0

Sold on

17 Nov 2016

High Yielding Investment with Guaranteed Growth

  • Circa 13% yield anticipated
  • Capital intensive tenant fit-out
  • Fixed 3% rent increases inc. at option

Secure 10 year lease to 2020 plus options to 2030.

Fixed annual 3% rent increases including at lease options.

Tenant pays usual outgoings.

Purpose built 1,390 sqm facility comprising clear span warehouse (high internal clearance of 19m), administration offices and extensive surrounding hardstand.

Massive site area of 6,241 sqm - Industrial 1 Zone.

Dulhunty Poles: Manufacturer and distributor of comprehensive range of cement and fiberglass poles – 38% owned by ASX listed Energy Technologies Limited.

Greater Geelong: Growing regional city of 220,000+ predicted to double by 2050 (G21 Regional Growth Plan).

Current Income: $347,991 pa.

Property ID: 502073806Last Updated: 15 Nov 2017

Dulhunty, 35-39 Buckley Grove
Geelong, VIC 3220

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
Colliers International - Geelong

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Colliers International - Geelong

60 Gheringhap Street
GEELONG, VIC 3220
Colliers International - Ballarat

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Colliers International - Ballarat

Level 2, 210 Sturt Street
BALLARAT CENTRAL, VIC 3350
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Scott Meighan
Burgess Rawson - Melbourne
Dulhunty, 35-39 Buckley Grove Geelong, VIC 3220

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

Kind Regards,

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