1 & 2, 2 Palmer Street,
North Geelong, VIC 3215

Warehouse, Factory & Industrial • Development Sites & Land

Key property information

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Parking info

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Map of 1 & 2, 2 Palmer Street

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AFFORDABLE VALUE-ADD OPPORTUNITY

CENTRAL NORTH LOCATION
VALUE-ADD OR REDEVELOP
AFFORDABLE ENTRY LEVEL PROPERTY

MAKE AN OFFER: A great opportunity exists to secure this two unit site in North Geelong. Zoned Industrial 1 this site is just metres off Separation Street and Thompson Road with easy access to Melbourne Road, Ring Road and the CBD. The property comprises two small industrial units, one of which is tenanted and one currently vacant. A great opportunity to enter the market and add some value for a great return. Would make an ideal site for future tilt-panel development as well. The block is a handy corner site of 710m2 approx.

• Affordable value-add opportunity in North
• Two compact industrial units onsite
• Heart of North Geelong industrial
• Easy access to CBD and Melbourne
• 710m2 corner site ideal for future development
• Zoned Industrial 1

North Geelong, 3215 demographic data

The median household income for North Geelong is $1,490, 8% higher than Regional Victoria's household income of $1,386. North Geelong has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 54% of property owners in North Geelong have a mortgage.

3,225

Population

$1,490 per week

Median household income

40 years

Median age

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