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Darcy Jarman - Geelong

127-129 O'Briens Road Corio, VIC 3214

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127-129 O'Briens Road,
Corio, VIC 3214

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Offices

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NEW PREMIUM INDUSTRIAL INVESTMENT

  • BRAND NEW HIGH QUALITY FREEHOLD
  • SECURE INCOME WITH NEW LEASE
  • THRIVING INDUSTRIAL PRECINCT
Darcy Jarman is pleased to present for private sale this set and forget investment opportunity in the booming Geelong Ring Road Employment Precinct (GREP).

Consisting of a brand new 2,260m2* warehouse office, positioned on the corner of O'Briens Road and Enterprise Drive. Home to a notable engineering business Fleetwood Urban, on a 5-year term.

The exceptional investment benefits from significant depreciation allowances and a tenant paying all outgoings including Land Tax.

Key features include:
• High profile corner landholding of 4,003m2
• Building area: 2,260m2* with 10-ton gantry crane and 27 onsite car spaces
• Lease term: New five (5) year lease with options to 2038.
• Current income: $275,000 pa plus gst
• Highly attractive lease structure with tenant paying all outgoings including land tax
• Significant depreciation benefits
• Premium industrial location just 1km from the Geelong Ring Road, 11km from Geelong CBD and 45mins to Melb. CBD

To request information, please contact the below agents:

Tim Darcy + 61 418 522 5...
Andrew Prowse + 61 418 534 0...

*approx.

Property ID: 504547688Last Updated: 24 Apr 2024

Darcy Jarman - Geelong

Level 1, 89 West Fyans Street
NEWTOWN, VIC 3220
Darcy Jarman - Geelong
127-129 O'Briens Road
Corio, VIC 3214
Darcy Jarman - Geelong
Level 1, 89 West Fyans Street
NEWTOWN, VIC 3220
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