51-53 Nobility Street,
Geelong, VIC 3220

Warehouse, Factory & Industrial

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Map of 51-53 Nobility Street

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INDUSTRIAL 8% NET RETURN

8% NET RETURN ON INVESTMENT
3,150m2 of land
Excellent building - strong leases

With an 8% net return, two solid leases and a well-constructed and maintained industrial facility this Moolap gem ticks a lot of boxes. Situated on approx.. 3,150m2 of land with two separate cross-overs, the building is approx.. 1,400m2 of high span industrial space. An internal crane traverses the entire length of the building adding significant value to tenant businesses. Secure fencing, concrete apron round out the picture. Currently let to two separate tenants and showing a strong 8% net return this property is a safe and secure addition to any industrial portfolio.
• 8% net return on investment
• 1,400m2 approx. of factory w overhead crane
• 3,150m2 approx. land w concrete apron
• Two secure long leases
• Zoned Industrial 1

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

Median age

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Most residents

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