10 Bellerine Street
Geelong, VIC 3220
Darcy Jarman - Geelong West
Level 1, 89 West Fyans StreetNEWTOWN, VIC 3220
Map of 10 Bellerine Street
SOLID INVESTMENT, THE RITZ CAFE
- BRILLIANTLY LOCATED
- NEW 10 YEAR LEASE TO NATIONAL TENANT
- SOLID INVESTMENT
SECURE INVESTMENT IN AN ICONIC BUILDING TENANTED BY COLLECTIVE HOTEL MANAGEMENT
- New 10 year lease with 8 further terms of 5 years
- Rental income $59,000 pa (net)
- Annual rental reviews
- Building area 72m2* + onsite car park
- Significant depreciation & investment allowances
- Prominent corner site close to the waterfront
- Café underpinned by 127 room 4.5 star hotel, The Ritz
- Neighbouring the well established and well patronised Vue Apartment Hotel (59 rooms)
- Northeast views over Austin Park and Corio Bay
- Due for completion end 2020
SET AND FORGET
*Approx.
- New 10 year lease with 8 further terms of 5 years
- Rental income $59,000 pa (net)
- Annual rental reviews
- Building area 72m2* + onsite car park
- Significant depreciation & investment allowances
- Prominent corner site close to the waterfront
- Café underpinned by 127 room 4.5 star hotel, The Ritz
- Neighbouring the well established and well patronised Vue Apartment Hotel (59 rooms)
- Northeast views over Austin Park and Corio Bay
- Due for completion end 2020
SET AND FORGET
*Approx.
Property ID: 503335950Last Updated: 18 Dec 2019
Agency contacts
Tim Darcy
Sarah Nightingale
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106 Fyans Street,South Geelong, VIC 3220 685 m²Shop & Retail • Warehouse, Factory & Industrial
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