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Darcy Jarman - Geelong

76B The Terrace Ocean Grove, VIC 3226

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76B The Terrace,
Ocean Grove, VIC 3226

Shops & Retail • Showrooms & Large Format Retail • Offices

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OUTSTANDING INVESTMENT OPPORTUNITY

  • AAA TENANT & LOCATION
  • TRIPLE NET LEASE TO COMMONWEALTH BANK
  • 10m+ FRONTAGE OPPOSITE COLES
AUCTION | Friday 28th April at 12pm, onsite.

Darcy Jarman is pleased to offer this blue chip freehold investment, positioned in one of the most tightly held retail strips in the Bellarine.

Property Investment Features:

- Triple net lease to Commonwealth Bank

- Income: $86,357pa net plus GST and outgoings, including Land Tax

- Attractive investment proposition underpinned by potential 50% stamp duty concessions

- 245m2* of prized Commercial 1 zoned land

- 186m2* of quality building with over 10m of street frontage

- Long standing tenant of over 30 years in the premise

- Excellent exposure with over 10m of frontage, directly opposite Coles Supermarket and Home Timber & Hardware

*Approx.

Inspections are via appointment only, to arrange please contact the below agent

Property ID: 504287780Last Updated: 26 Jun 2023

Darcy Jarman - Geelong

Level 1, 89 West Fyans Street
NEWTOWN, VIC 3220
Darcy Jarman - Geelong
76B The Terrace
Ocean Grove, VIC 3226
Darcy Jarman - Geelong
Level 1, 89 West Fyans Street
NEWTOWN, VIC 3220
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