5 Naughton Avenue, North Geelong,
Geelong, VIC 3220

Warehouse, Factory & Industrial

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UNDER THE RADAR IN NORTH GEELONG - REDUCED!

Great corner block
Solid building - solid return
Excellent North location

Yes, it's been on the market for while. And yes, there's work to be done. But this fantastic property has loads of potential for the smart investor or owner-occupier who knows value when they see it. Located in a terrific North Geelong spot just minutes to the Melbourne and Ring Roads this older style warehouse sits on a neat 500m2 approx. corner lot and is solid as a rock. With plenty of three-phase power, a good sized yard and two street frontages this one has the potential for a solid return with very little work or a canny development utilising the corner site. Just reduced and priced for a quick sale this is definitely one to get your teeth into. Enquire now.

• Potential value add or solid return
• Fantastic corner lot of 502m2 approx
• Ideal for future development (S.T.C.A.)
• Building area 287m2 approx
• Direct access off Thompson Road
• Heaps of three-phase power
• Solid older style shed
• Basic amenities, great rear yard
• Zoned Industrial 2

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

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