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76a The Terrace Ocean Grove, VIC 3226

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76a The Terrace,
Ocean Grove, VIC 3226

Shops & Retail

Key property information

Floor area

Tenure type

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Map of 76a The Terrace

Directions

Strategic Pharmacy Investment

  • Adjoins Proposed New Town Square
  • Opposite Coles Supermarket
  • Leased to Established Tenant
- Exceptionally located within a tightly held retail precinct and opposite busy pedestrian crossing.
- Substantial frontage of 10.06 metres.
- Leased to established tenant trading as PharmaSave.
- Lease: 3 years plus Two (2) further terms of Four (4) years from July 2017.
- Rent: $107,000 per annum plus GST.
- Subdivision potential ( STCA).
- Includes generous on title air rights above.
- Rear access entered from Ocean Grove - Barwon Heads Road.
- Excellent public car parking nearby.
- Outstanding opportunity to acquire prime investment situated within the rapidly developing Bellarine Peninsula

Additional information

Ocean Grove, 3226 demographic data

The median household income for Ocean Grove is $1,837, 33% higher than Regional Victoria's household income of $1,386. Ocean Grove has a similar age profile compared to the rest of Regional Victoria (median age 43). Property ownership data shows 47% of property owners in Ocean Grove have a mortgage.

17,714
Population
$1,837 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
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76a The Terrace
Ocean Grove, VIC 3226
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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