75-105 Corio Quay Road,
Geelong, VIC 3220
Warehouse, Factory & Industrial • Offices
Key property information
Land area
Floor area
Tenure type
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Map of 75-105 Corio Quay Road
LONG TERM LEASED INVESTMENT WITH UPSIDE
* Long term leases to UG Manufacturing Co Pty Ltd (subsidiary of Quiksilver Inc, a public listed
company on the NYSE) expiring October 2020;
* Future flexibility for multiple occupation ;
* Passing income of $1,606,692 per annum net*;
* Annual reviews of 4.00%;
* Future expansion or redevelopment land of 12,790sqm* (Subject to terms of lease);
* Strategic port location;
* Three further options of six (6) years under the lease agreements; and
* Potential depreciation benefits to the new warehouse.
* approx
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 27 MARCH AT 12:00PM
Under instruction from Adam Nikitins and Justin Walsh (Receivers and Managers appointed) of Ernst & Young
Boundaries indicative only.
company on the NYSE) expiring October 2020;
* Future flexibility for multiple occupation ;
* Passing income of $1,606,692 per annum net*;
* Annual reviews of 4.00%;
* Future expansion or redevelopment land of 12,790sqm* (Subject to terms of lease);
* Strategic port location;
* Three further options of six (6) years under the lease agreements; and
* Potential depreciation benefits to the new warehouse.
* approx
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 27 MARCH AT 12:00PM
Under instruction from Adam Nikitins and Justin Walsh (Receivers and Managers appointed) of Ernst & Young
Boundaries indicative only.
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
Owners
Most residents
Families
Most households
04076642...
75-105 Corio Quay Road
Geelong, VIC 3220
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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