13, 15 & 17 Leather Street & 94 Tanner Street,
Breakwater, VIC 3219
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Sold on
Map
Substantial Investment on Expansive Corner Landholding
- Strategic corner landholding of 1.98ha*
- 5 individual titles
- Securely leased with substantial income
Colliers is pleased to present For Sale by Expressions of Interest an exceptional investment opportunity.
Situated in a prime corner position within a tightly held showroom and industrial precinct, the property is leased to Big River Timbers and provides a significant value-add opportunity.
- Securely leased to a ASX listed Big River Group with a 5-year lease commencing 3 December 2018 with options through to 2033
- Substantial passing income of $412,503* net per annum
- Two further terms of 5-years with a market review at option and CPI annual increases
- Strategic land holding of 1.98 hectare* (19,824 square metres*) with two (2) street frontages to Leather Street and Tanner Street
- Nine buildings totalling 6,460 square metres*
- Five individual titles
- 107 metres frontage to Leather Street and 192 metres frontage to Tanner Street
- Favourably Zoned Industrial 2 (IN2Z) providing a myriad of future development options (STCA)
- Offering underlying land value or value-add via rental reversion on lease option
- Thriving precinct located directly opposite Bunnings Trade
- Close to all major arterials and within 5km of Geelong CBD*
- Located in high growth region
For further information or to inspect the property, please contact the exclusive selling agents
Situated in a prime corner position within a tightly held showroom and industrial precinct, the property is leased to Big River Timbers and provides a significant value-add opportunity.
- Securely leased to a ASX listed Big River Group with a 5-year lease commencing 3 December 2018 with options through to 2033
- Substantial passing income of $412,503* net per annum
- Two further terms of 5-years with a market review at option and CPI annual increases
- Strategic land holding of 1.98 hectare* (19,824 square metres*) with two (2) street frontages to Leather Street and Tanner Street
- Nine buildings totalling 6,460 square metres*
- Five individual titles
- 107 metres frontage to Leather Street and 192 metres frontage to Tanner Street
- Favourably Zoned Industrial 2 (IN2Z) providing a myriad of future development options (STCA)
- Offering underlying land value or value-add via rental reversion on lease option
- Thriving precinct located directly opposite Bunnings Trade
- Close to all major arterials and within 5km of Geelong CBD*
- Located in high growth region
For further information or to inspect the property, please contact the exclusive selling agents
Breakwater, 3219 demographic data
The median household income for Breakwater is $1,077, 22% lower than Regional Victoria's household income of $1,386. Breakwater has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 50% of property owners in Breakwater have a mortgage.
1,060
Population
$1,077 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
13, 15 & 17 Leather Street & 94 Tanner Street
Breakwater, VIC 3219
Colliers - GeelongLevel 5/100 Brougham Street
GEELONG, VIC 3220
GEELONG, VIC 3220
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Industria Breakwater, 3 Dyson Court,Breakwater, VIC 3219 62 m²Warehouse, Factory & Industrial • Offices
Contact Agent
Unit 9, 6-8 Kadak Place,Breakwater, VIC 3219 137 m²Warehouse, Factory & Industrial • Offices • Showrooms & Large Format Retail
Contact Agent
Hino, 13-17 Industrial Place,Breakwater, VIC 3219 1931 m²Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail