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Gartland (Commercial) - GEELONG

19-23 Ryrie Street Geelong, VIC 3220

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19-23 Ryrie Street,
Geelong, VIC 3220

Shops & Retail

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Map of 19-23 Ryrie Street

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Investment Opportunity: High-Exposure Retail Property in Geelong

Gartland are pleased to offer for sale the freehold of 19-23 Ryrie Street, Geelong.

Comprised of 714sqm of land in Activity Center Zone 1 and 162sqm of building, this property is ideally positioned in a high exposure area. With exceptional exposure and significant future development potential, it represents an outstanding opportunity for investors and developers.

Currently leased to a national retailer for $76,107.48 per annum + GST + Outgoings, the tenant has committed to a 3-year lease.

Whether you're looking to capitalize on the secure returns or unlock the future potential of this sought-after location, this property presents unparalleled opportunities for growth.

Property Features:
• Land Area: 714sqm
• Build Area: 162sqm
• National Retailer - Chemist Warehouse
• Passing Rent: $76,107 PA + GST + Outgoings
• Lease Term: 3 Years Starting June 2025
• Excellent Long Term Tenant

For more information or to schedule a viewing, contact us today.

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

Gartland (Commercial) - GEELONG

71 Little Malop Street
GEELONG, VIC 3220
Gartland (Commercial) - GEELONG
19-23 Ryrie Street
Geelong, VIC 3220

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