197 Shannon Avenue,
Manifold Heights, VIC 3218
Shops & Retail • Offices
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 197 Shannon Avenue
Train stations within 5 km of 197 Shannon Avenue, Manifold Heights, VIC 3218 Distance Geelong Train Station 1.6 km North Geelong Station 2.5 km South Geelong Railway Station 2.8 km South Geelong 2.8 km POWERED BY HERE ©Bus stops within 5 km of 197 Shannon Avenue, Manifold Heights, VIC 3218 Distance Shannon AveAutumn St 87 m Central AveAutumn St 242 m Albert St/Shannon Ave (Geelong West) 251 m Roxby StShannon Ave 307 m Elizabeth StAutumn St 332 m POWERED BY HERE ©
POWERED BY HERE ©
Excellent Investment in Unparalled Location
Welcome to 197 Shannon Avenue Manifold Heights! This remarkable property offers a fantastic opportunity for those seeking an investment in a prime location.
Situated on Shannon Avenue bordering Manifold Heights & Geelong West this property boasts a highly sought-after address, that is sure to attract attention. With its vibrant surroundings and bustling atmosphere, this area is known for its thriving retail scene and strong foot traffic and large residential catchment area.
The property itself offers two generous retail spaces, perfect for a variety of businesses. Currently tenanted with two retail stores and rear two bedroom apartment, which is currently tenanted.
In addition to its prime location and versatile layout, this property also offers great value. This is an excellent investment opportunity for those looking to enter the retail market or expand their existing portfolio.
• Combined income from two Commercial tenants: $46,503.72 PA + GST Net - CPI increments Market at options
• 197: Iphone Guy: $24,375 PA + GST Net - 3 yrs from 01/05/224 with one further option of 3 yrs
• 197A: Fish and Chip Shop: $22,128.72 PA + GST Net - 01/10/2020 (5yrs) with two further options of 5 yrs
• Residential Tenant: $20,800 Per annum
• Total: $67,303.72 PA
• Surrounded by many long term established business
• Opposite McDonalds on Shannon Ave
• Land Area: 339m2
• Commercial Zone 1"
Don't miss out on the chance to secure this exceptional retail space in Geelong West. Contact us today to arrange a viewing and see for yourself the potential that this property holds.
Situated on Shannon Avenue bordering Manifold Heights & Geelong West this property boasts a highly sought-after address, that is sure to attract attention. With its vibrant surroundings and bustling atmosphere, this area is known for its thriving retail scene and strong foot traffic and large residential catchment area.
The property itself offers two generous retail spaces, perfect for a variety of businesses. Currently tenanted with two retail stores and rear two bedroom apartment, which is currently tenanted.
In addition to its prime location and versatile layout, this property also offers great value. This is an excellent investment opportunity for those looking to enter the retail market or expand their existing portfolio.
• Combined income from two Commercial tenants: $46,503.72 PA + GST Net - CPI increments Market at options
• 197: Iphone Guy: $24,375 PA + GST Net - 3 yrs from 01/05/224 with one further option of 3 yrs
• 197A: Fish and Chip Shop: $22,128.72 PA + GST Net - 01/10/2020 (5yrs) with two further options of 5 yrs
• Residential Tenant: $20,800 Per annum
• Total: $67,303.72 PA
• Surrounded by many long term established business
• Opposite McDonalds on Shannon Ave
• Land Area: 339m2
• Commercial Zone 1"
Don't miss out on the chance to secure this exceptional retail space in Geelong West. Contact us today to arrange a viewing and see for yourself the potential that this property holds.
Property ID: 504595820Last Updated: 26 Aug 2024
197 Shannon Avenue
Manifold Heights, VIC 3218
Gartland (Commercial) - GEELONG71 Little Malop Street
GEELONG, VIC 3220
GEELONG, VIC 3220
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$650,000
5/240-242 Pakington Street,Geelong West, VIC 3218 86 m²Offices • Shops & Retail • Medical & Consulting
