2 Edols Place,
North Geelong, VIC 3215

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Zoning

Tenure type

Sold on

Map of 2 Edols Place

Directions

Superb Investment Opportunity

Gartland are pleased to offer an outstanding investment opportunity, located in Edols Place. This well-placed industrial warehouse offers excellent access to all major arterials leading to Melbourne, is just a short drive into the heart of the Geelong CBD and in close proximity to the new Spirit of Tasmania port, coming October 2022.

The warehouse is situated at the front of the complex and presents itself in immaculate condition with a variety of potential uses for the future, you simply cannot go wrong with this one.

Tenant: Fitness Centre
Passing Rent: $25,750.00 + GST + Outgoings
Terms: Three (3) Years from March 15thy 2021
Further Term: Three (3) Years
Annual Increment: 3% fixed with Market Review at Option

Property Consists Off;
• Reception/Office area
• Larger open floor area
• Upgraded Gas Metre
• Rear Common area
• 7 Metre High Ceilings
• 3 Phase Power
• Automatic Roller Door
• Excellent amenities
• Zone: Industrial 2 Zone

North Geelong, 3215 demographic data

The median household income for North Geelong is $1,490, 8% higher than Regional Victoria's household income of $1,386. North Geelong has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 54% of property owners in North Geelong have a mortgage.

3,225

Population

$1,490 per week

Median household income

40 years

Median age

Owners

Most residents

Families

Most households