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Darcy Jarman - Geelong West

10 Bellerine Street Geelong, VIC 3220

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10 Bellerine Street,
Geelong, VIC 3220

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Darcy Jarman - Geelong West
10 Bellerine Street
Geelong, VIC 3220
Darcy Jarman - Geelong West

Darcy Jarman - Geelong West

Level 1, 89 West Fyans Street
NEWTOWN, VIC 3220

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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.

Property ID: 503335950Last Updated: 18 Dec 2019

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Darcy Jarman - Geelong West
Darcy Jarman - Geelong West
Level 1, 89 West Fyans Street
NEWTOWN, VIC 3220
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Tim Darcy

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Tim Darcy
Darcy Jarman - Geelong West
10 Bellerine Street Geelong, VIC 3220

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

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