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6-8 Townsend Road,
St Albans Park, VIC 3219
Medical & Consulting
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Sale
EOI - Closing 20 September 2024 at 12noon
Key property information
Land area
Floor area
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Jellis Craig - Geelong
205 Pakington StreetGEELONG WEST, VIC 3218
![Jellis Craig - Geelong](https://i1.au.reastatic.net/170x46-fit/bb8262dc36871303c63ec0fc22344559ad92f00de4f4c71652be1bf184fe311b/large_commercial.jpg)
6-8 Townsend Road
St Albans Park, VIC 3219
Map of 6-8 Townsend Road
Train stations within 5 km of 6-8 Townsend Road, St Albans Park, VIC 3219 Distance Marshall 3.2 km South Geelong 3.2 km South Geelong Railway Station 3.2 km Geelong Station 4.7 km POWERED BY HERE ©Bus stops within 5 km of 6-8 Townsend Road, St Albans Park, VIC 3219 Distance Lucy Ct/Townsend Rd (St Albans Park) 62 m Townsend RdBoundary Rd 81 m Westmoreland St/Boundary Rd (St Albans Park) 253 m St Albans Reserve/Boundary Rd (Whittington) 324 m St Albans Reserve/227 Boundary Rd (Whittington) 376 m POWERED BY HERE ©
POWERED BY HERE ©
Superior Regional Investment for an astute investor
This is an exciting opportunity to own a high yielding investment premises in Geelong, one of the fastest growing regional cities in Australia.
Currently utilised as a substantial health care facility with a capacity for thirty beds, the 3579sqm property on Townsend Road, St Albans, sits in a Residential 1 zone.
Rental income is $353,446.84 p.a. plus GST and outgoings. The current tenant has a five-year lease, ending July 14, 2028, with two further options of five years.
This is an exciting opportunity to own a high yielding investment premises in Geelong, one of the fastest growing regional cities in Australia. Currently utilised as a substantial health care facility with a capacity for thirty beds, the 3579sqm property on Townsend Road, St Albans, sits in a Residential 1 zone.
The property includes ample parking, and the building provides 1330sqm of floor space. It is located within easy reach of Geelong’s CBD and the city’s thriving medical precinct and only an 80-minute drive from Melbourne. The Geelong region hosts a population of 294,000 and is forecast to be more than 400,000 by 2031. Given this growth there is a strong demand for commercial properties of this size and scope.
Expression of Interest for 6-8 Townsend Road, St Albans Park, close September 20 at noon.
Currently utilised as a substantial health care facility with a capacity for thirty beds, the 3579sqm property on Townsend Road, St Albans, sits in a Residential 1 zone.
Rental income is $353,446.84 p.a. plus GST and outgoings. The current tenant has a five-year lease, ending July 14, 2028, with two further options of five years.
This is an exciting opportunity to own a high yielding investment premises in Geelong, one of the fastest growing regional cities in Australia. Currently utilised as a substantial health care facility with a capacity for thirty beds, the 3579sqm property on Townsend Road, St Albans, sits in a Residential 1 zone.
The property includes ample parking, and the building provides 1330sqm of floor space. It is located within easy reach of Geelong’s CBD and the city’s thriving medical precinct and only an 80-minute drive from Melbourne. The Geelong region hosts a population of 294,000 and is forecast to be more than 400,000 by 2031. Given this growth there is a strong demand for commercial properties of this size and scope.
Expression of Interest for 6-8 Townsend Road, St Albans Park, close September 20 at noon.
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Property ID: 504666092Last Updated: 5 Sep 2024
Jellis Craig - Geelong205 Pakington Street
GEELONG WEST, VIC 3218
GEELONG WEST, VIC 3218