38/8 Lewalan Street,
Grovedale, VIC 3216

Warehouse, Factory & Industrial

Key property information

Floor area

Zoning

Tenure type

Sold on

Map of 38/8 Lewalan Street

Directions

Suburb Investment Boasting Strong Local Tenant

This outstanding investment opportunity in Geelong's premier industrial precinct is situated in a highly sought-after location, minutes from the CBD, major arterials and at the entry way to Geelong's growth corridor, Armstrong Creek.

- Access to Armstrong Creek & the Surf Coast
- Excellent tenant
- Income of $55,000 per annum
- 5-year lease commencing 1st March 2020
- 2 further terms of 5 years

Contact Michael De Stefano on 0401 444 1... or michael@gartland.com.au for further information.

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