148 Moorabool Street,
Geelong, VIC 3220

Shops & Retail

Key property information

Floor area

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Map of 148 Moorabool Street

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Painless Investment

Leased to May 2018
Returning $22,000 pa
Brilliant CBD location

Colliers International is pleased to offer this boutique retail investment at 148 Moorabool Street, Geelong for sale by private treaty.
The property is located within the tightly held Moorabool Street retail shopping strip. 148 Moorabool Street is in a prime position and benefits from brilliant retail, lifestyle and transport amenities right at its doorstep. The property comprises 2 levels of 50 square metres* each.
Securely leased until 15 May 2018 and is currently returning $22,000 per annum with inbuilt rental growth.

The key features of this outstanding property are:
- Leased to Two Elements Massage
- $22,000 per annum rent return
- Brilliant CBD location
- Leased until May 2018
- Flexible activity centre zone –schedule 1
- Prime retail position
- Rear entrance off Shorts Place
- An affordable CBD Investment
- Opposite Deakin new student accommodation facility

For further details please contact the exclusive selling agent at Colliers International.

*approximately

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

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