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155 Melbourne Road Rippleside, VIC 3215

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155 Melbourne Road,
Rippleside, VIC 3215

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$510,000

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Land area

Floor area

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Map of 155 Melbourne Road

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2 RETURNS FOR THE PRICE OF 1

Situated in one of Geelong's high exposure locations, this is an opportunity for investors and occupiers that is highly sought after but rarely seen.

Offering 2 shops on one generous title of approx 389m2 making this an ideal property to run a variety of businesses (Zoned Commercial 2).

Shop 1
- Floor area approx 96m2
- Large rear storage area
- Separate amenities
- Approx rental return of $21,000pa +OG
- Rent out or occupy for your own business

Shop 2
- Floor area approx 78m2
- Separate amenities
- Currently rented at $15,000 pa +OG

With a potential rental return of approx 6% p.a, this investment opportunity makes better sense than putting your money in the bank.

Fully fenced with side drive way and rear parking/garage, plus ample street parking for customers.

One thing is for sure, this rare opportunity is one not to be missed.

Property ID: 502243134Last Updated: 10 Apr 2018

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155 Melbourne Road
Rippleside, VIC 3215
Barry Plant - Geelong
(Rentals) 116 Ryrie Street & (Sales) 59 Gheringhap St
GEELONG, VIC 3220

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