1-4, 377 Thompson Road,
North Geelong, VIC 3215

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Parking info

Property extent

Zoning

Municipality

Tenure type

Sold on

Return

Map of 1-4, 377 Thompson Road

Directions

MULTI-TENANTED INDUSTRIAL INVESTMENT

MULTI-TENANTED INVESTMENT WITH LAND
PRIME NORTH GEELONG ROAD FRONTAGE
SECURE $181,900PA NET INCOME

• Prime Frontage – Industrial Complex with Additional Land
• FOUR secure tenancies returning $181,900PA plus GST & Outgoings
• Additional Land Suitable for Further Development or Leasing
• Land area 4,460m2 approx. Building Area
• Zoned Industrial 1

Situated fronting prime Thompson Road Bell Park this complex of four industrial tenancies with extra land to either develop* or lease adds up to a great investment with built in future-proofing! Income, upside and location make a great combination for this multi-faceted industrial investment. With a secure passing rent of $181,900PA plus GST and Outgoings from January 2023 this fantastic complex offers a strong return with additional 1,200m2 of land to either lease out or develop*. Don’t miss this amazing opportunity to purchase a solid land-rich investment in a prime North Location. Did we mention no GST?
For sale by Auction or prior sale!

* Subject To Council Approval

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

Owners

Most residents

Families

Most households

04080354...