2 Fenwick Street South,
Geelong, VIC 3220

Offices

Key property information

Land area

Floor area

Zoning

Tenure type

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Map of 2 Fenwick Street South

Directions

Flexible investment with 6.3% return

Located on the fringe of the Geelong CBD this superb investment offers and abundance of opportunities. Consisting of two immaculately maintained ground floor offices and a storage facility/workshop with roller door access. A secondary level boasts a large office and multi-purpose space. All three suites are leased with the workshop and first floor office available vacant should the purchase wish to part occupy - providing the opportunity to occupy whilst maintaining two income streams

• Perfect for the small business operator.
• Excellent opportunity to occupy whilst also generating an income
• Currently zoned residential with continuing use rights as offices
• Suite 1: Ground Floor storage with first floor offices / $22,000 p/a + GST + Outgoings
• Suite 2: 55m2 / $22,000 p/a + GST + Outgoings
• Suite 3: 50m2 / $20,240 p/a + GST + Outgoings
Total income $62,240 p/a
• Onsite car park and good off street parking
• Excellent history of being a strong performing investment

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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