136 Moorabool Street,
Geelong, VIC 3220

Shops & Retail

Key property information

Land area

Floor area

Property extent

Zoning

Municipality

Tenure type

Sold on

Map of 136 Moorabool Street

Directions

CENTRAL GEELONG RETAIL INVESTMENT

SOLID RETURN $38,513 PA NET
FIRST TIME OFFERED IN 85 YEARS!
PRIME CBD LOCATION

A prime location and a long-term tenant - two prerequisite qualities for any retail investment. Offered for the first time in 85 years this fantastic centrally located retail shop sits in the heart of Geelong’s CBD retail precinct tenanted by the Australian Red Cross Society. With a healthy net return of $38,513 PA plus GST and Outgoings and a 3x3 year lease from November 2012 to 2018 this property is well established and represents a great opportunity for investors who see Geelong’s CBD is set for growth.

• Prime Geelong Retail with heavy foot traffic
• Excellent retail shop with amenities
• Long term tenant showing strong return
• Returning $38,513 PA plus GST and Outgoings
• 3 x 3 year Lease through to 2018
• 202m2 of floor space on 173m2 of land approx.
• Zoned Activity Centre Zone 1

Geelong, 3220 demographic data

The median household income for Geelong is $1,670, 20% higher than Regional Victoria's household income of $1,386. Geelong has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 37% of property owners in Geelong have a mortgage.

5,811

Population

$1,670 per week

Median household income

40 years

Median age

Owners

Most residents

Families

Most households