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27/8 Lewalan Street Grovedale, VIC 3216

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27/8 Lewalan Street,
Grovedale, VIC 3216

Warehouse, Factory & Industrial

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Map of 27/8 Lewalan Street

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Superb Investment Opportunity

Currently leased to Unify Fitness on a 5 year lease with a further 5 year option at $62,217.00 per annum + GST + Outgoings.
This thriving precinct is situated in a highly sought-after location, minutes from the CBD, major arterials and at the entryway to Geelong's growth corridor, Armstrong Creek.

Property Details;
Tenant: Unify Fitness
5 year lease from 22/04/2019 with 5 year option
3% annual increments market at option
Building Area: 575m2
Zone: Industrial 1

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Grovedale, 3216 demographic data

The median household income for Grovedale is $1,477, 7% higher than Regional Victoria's household income of $1,386. Grovedale has a younger age profile compared to the rest of Regional Victoria (median age 41 vs 43). Property ownership data shows 47% of property owners in Grovedale have a mortgage.

14,869
Population
$1,477 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
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27/8 Lewalan Street
Grovedale, VIC 3216
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