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Colliers - Geelong

110-112 Bailey Street Grovedale, VIC 3216

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110-112 Bailey Street,
Grovedale, VIC 3216

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

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Map of 110-112 Bailey Street

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Versatile Grovedale industrial opportunity

  • Land Area of 1,476* square metres*
  • Building Area of 796* square metres*
  • Zoned Commercial 2
Colliers are pleased to present for the first time since 1985, For Sale via Public Auction on Thursday 10 November 2022 at 12pm (AEDT), 110-112 Bailey Street, Grovedale.

110-112 Bailey Street provides multiple options for the aspiring purchasers. Whether you’re looking to occupy, invest or subdivide and develop, 110-112 Bailey Street can offer it all.

Situated on 1,476 square metres* of Zoned Commercial 2 land and offering building areas of a combined 796 square metres* across two levels which provide multiple offices, break out meeting rooms and storage space.

Located in the highly sought-after Grovedale Industrial precinct, 110-112 Bailey Street is perfectly situated to service Geelong and the surrounding suburbs plus, the Bellarine and Surf Coast, along with easy access to the major arterials.

Key Features:
- Land area of 1,476 square metres*
- Build area of 796 square metres*
- Building includes ground floor and first floor office, storage, and amenities
- Onsite parking
- Two extra-large roller doors
- Short term income until May 2023 of $58,440 per annum net
- Tenant has occupied site since May 2010
- Future development site
- Occupy, invest or develop

This is the perfect opportunity to enter the ever-popular Grovedale Industrial precinct and secure a large land holding, with short term initial rental income.

For more information, contact Colliers agents Chris Nanni on 0438 306 3... or Jonathon Lumsden on 0402 213 5....

*Approx

Grovedale, 3216 demographic data

The median household income for Grovedale is $1,477, 7% higher than Regional Victoria's household income of $1,386. Grovedale has a younger age profile compared to the rest of Regional Victoria (median age 41 vs 43). Property ownership data shows 47% of property owners in Grovedale have a mortgage.

14,869
Population
$1,477 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households

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Colliers - Geelong
110-112 Bailey Street
Grovedale, VIC 3216

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