21 Ormond Road,
East Geelong, VIC 3219

Shops & Retail

Key property information

Floor area

Sold on

Map of 21 Ormond Road

Directions

Fully Leased Investment

Cafe tenant on 3 + 3 year lease
Proximity to other retail, food, offices
Zoned Commercial 1

Colliers Geelong is proud to offer For Sale this multi tenanted investment opportunity which includes a café and separate residence at the rear with rear laneway access. This property is extremely well located in East Geelong and is only 1.4 kilometers to the Geelong CBD.

- Rental $35,917 per annum +GST +Outgoings
- Land of 256m2*
- Café tenant on 3 + 3 year lease
- 2 bedroom, 1 bathroom residence with separate rear access
- Zoned Commercial 1
- Proximity to other retail, food, office and residential

For Sale: $820,000 +GST

For more information, please contact Colliers agents Andrew Lewis 0418 508 908 or Ned Tansey 0492 892 1....

*Approximately.

East Geelong, 3219 demographic data

The median household income for East Geelong is $1,782, 29% higher than Regional Victoria's household income of $1,386. East Geelong has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 51% of property owners in East Geelong have a mortgage.

4,012

Population

$1,782 per week

Median household income

40 years

Median age

Owners

Most residents

Families

Most households