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13/73 The Terrace Ocean Grove, VIC 3226

Directions

13/73 The Terrace,
Ocean Grove, VIC 3226

Shops & Retail

Price information

Sale

$1.59m - $1.75m + GST

Key property information

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$56,650
Number of Tenants
1 Tenant
Tenants / Type
Upstate Studios

Private inspections

to arrange a private inspection.

Map of 13/73 The Terrace

Directions
  • Bus stops within 5 km of 13/73 The Terrace, Ocean Grove, VIC 3226Distance
    Ocean Grove Shops/the Terrace (Ocean Grove)142 m
    Ocean Grove ParkDraper St388 m
    The Avenue/Eggleston St (Ocean Grove)427 m
    Asbury StPresidents Ave521 m
    Wedge St/the Terrace (Ocean Grove)631 m
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POWERED BY HERE ©

Prime Commercial Opportunity with High Profile Tenancy

Located in the center of Ocean Grove in the popular Trak Arcade, walking distance to the main beach, river, and all that Ocean Grove has to offer, is this well presented commercial opportunity with a set and forget investment opportunity with long-term, high-profile tenancy, that has fantastic rental growth upside.

Key highlights:
- High-profile tenancy with a lettable area of approx. 220 sqm*
- Lease circa $56,000 pa plus GST with options to 2032
- Fixed 3% annual increases
- Located in the popular coastal Bellarine region
- Convenient positioning being located in The Terrace
- Prime exposure looking out to the north-bound car park.

Property ID: 504627628Last Updated: 11 Nov 2024

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13/73 The Terrace
Ocean Grove, VIC 3226

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