4 Wilray Street,
Grovedale, VIC 3216

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Zoning

Tenure type

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Map of 4 Wilray Street

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Secure Industrial Investment

Gartland is pleased to offer 4 Wilray Street, Grovedale for sale via the Auction process,

4 Wilray St is strategically located in Grovedale with access from Marshalltown Road & Grove Road and presents an outstanding opportunity to acquire a secure industrial investment positioned in one of Geelong's strongest Industrial precincts and now is the time to invest before you are locked out of the market. This is prime position & Real Estate with present vacancies at an all time low.

This property is excellent holding with future development potential.

Tenancy Details:
• Long standing established tenant occupying the building for over 10 years
• Leased to 31/10/22 with two further options of 2 years each
• Currently returning $25,924.32 per annum + GST + Outgoings
• Annual CPI increments & Market Review at Option

Key Features Include:
• Warehouse of 264m2 approx
• Land area of 684m2 approx
• Measurements of 16m X 40m
• Front and side roller doors
• Up to 10 car spaces
• Side & rear yard
• Office space
• 5 metres in height
• Kitchenette & toilet facilities
• Zoning: Commercial 2 Zone

Additional information

External websites

External link 1

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

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Most households