. Cnr Bristol Road & Payne Street,
Geelong, VIC 3220
Shops & Retail
Key property information
Floor area
Car spaces
Tenure type
Sold on
Map
Receivers Tender - 38 Modern Shops to be sold in one line.
* Modern retail shopping centre of 5,308sqm* comprising 38 retail shops with a strong representation from national retailers.
* Irreplaceable corner Business 1 zoned site of 1.403ha* located in the centre of Torquay
* Fundamentally sound design with 228* at-grade car spaces with external facing shops
* Ability to add value via rental growth and potential subdivision (STPA).
* Substantial depreciation tax benefits
* Strategically located to benefit from a vast retail catchment area with high levels of population growth forecasted
* Fully Leased Net Income of $1,533,000p.a.*
For Sale by public expression by Tender closing 12.00pm Thursday 22nd November 2012.
Under Instruction from Receivers and Managers - KordaMentha
* Irreplaceable corner Business 1 zoned site of 1.403ha* located in the centre of Torquay
* Fundamentally sound design with 228* at-grade car spaces with external facing shops
* Ability to add value via rental growth and potential subdivision (STPA).
* Substantial depreciation tax benefits
* Strategically located to benefit from a vast retail catchment area with high levels of population growth forecasted
* Fully Leased Net Income of $1,533,000p.a.*
For Sale by public expression by Tender closing 12.00pm Thursday 22nd November 2012.
Under Instruction from Receivers and Managers - KordaMentha
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
03 8621 33...
. Cnr Bristol Road & Payne Street
Geelong, VIC 3220
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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