Share this property

realcommercial.com.au

The Repco Auto Centre, 470 Melbourne Road (North Geelong) Geelong, VIC 3220

Directions

The Repco Auto Centre, 470 Melbourne Road (North Geelong),
Geelong, VIC 3220

Shops & Retail • Showrooms & Large Format Retail

Key property information

Floor area

Property extent

Tenure type

Sold on

Map of The Repco Auto Centre, 470 Melbourne Road (North Geelong)

Directions

High Profile Retail Showroom

  • Secure lease to 2023
  • 37 metre highway frontage
  • Significant land holding of 3,641 sqm
Secure 10 year lease to 2023 plus options to 2033.
Modern 1,475 sqm building with 40 at grade car parks.
Significant 3,641 sqm site with 37 metre highway frontage.
Tenant pays usual outgoings.
Surrounded by national retailers including Bunnings, Shell, Godfreys, Hungry Jacks and more.
Greater Geelong: Growing Regional City of 220,000+ predicted to double by 2050 (G21 Regional Growth Plan).
Repco: Australia and New Zealand's largest reseller and supplier of after-market automotive parts and accessories, with a network of 400+ stores across both countries.
Single tenanted, minimum management investment.
Rent: $169,116 pa (as at June 2015).


Auction 11am AEST Wednesday 24 June.
River Room, Crown Casino, Melbourne.

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
04138603...
realcommercial.com.au logo
The Repco Auto Centre, 470 Melbourne Road (North Geelong)
Geelong, VIC 3220
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.