155 Melbourne Road,
Rippleside, VIC 3215
Other
Key property information
Land area
Floor area
Sold on
Map of 155 Melbourne Road
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.
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.
Rippleside, 3215 demographic data
The median household income for Rippleside is $2,103, 52% higher than Regional Victoria's household income of $1,386. Rippleside has an older age profile compared to the rest of Regional Victoria (median age 47 vs 43). Property ownership data shows 38% of property owners in Rippleside have a mortgage.
994
Population
$2,103 per week
Median household income
47 years
Median age
Owners
Most residents
Families
Most households
155 Melbourne Road
Rippleside, VIC 3215
Barry Plant - Geelong(Rentals) 116 Ryrie Street & (Sales) 59 Gheringhap St
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
16 Rodney Road,North Geelong, VIC 3215 360 m²Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Other
Contact Agent
23-24 Hume Reserve Court,Bell Park, VIC 3215 1194 m²Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Other
