Steak House & Cafe' Mila, Lot A, 100 Western Beach Road,
Geelong, VIC 3220

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Key property information

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Property extent

Tenure type

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Map of Steak House & Cafe' Mila, Lot A, 100 Western Beach Road

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Outstanding Geelong Waterfront Opportunity

5 year lease + option through to 2032
Premier location with 3 street frontages
Capital intensive tenant fit-out

Steakhouse & Cafe Mila 195m2*.
5 year lease plus option through to 2032.
Premier location with triple frontage.
Absolute waterfront exposure.
Located opposite Deakin Uni with captive clientele.
Capital intensive tenant fit-out with alfresco dining.
Lessee pays all usual outgoings.
Rent: $85,000 pa*.

*Approx.

Portfolio Auction 77
11am AEST
Wednesday 26 June 2013
River Room Crown Casino
Southbank Melbourne.

Interstate bidding is available by prior arrangements.

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