38-40 Mercer Street,
Geelong, VIC 3220
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Map of 38-40 Mercer Street
Train stations within 5 km of 38-40 Mercer Street, Geelong, VIC 3220 Distance Geelong Train Station 342 m South Geelong Railway Station 1.9 km South Geelong 1.9 km North Geelong Station 2.1 km North Shore Railway Station (North Shore) 4.9 km POWERED BY HERE ©Bus stops within 5 km of 38-40 Mercer Street, Geelong, VIC 3220 Distance St Peter and Paul Catholic ChurchMercer St 17 m Roy StMercer St 99 m Brougham St/Mercer St (Geelong) 205 m Cavendish StMercer St 258 m Keera Stthe Esplanade South 376 m POWERED BY HERE ©
POWERED BY HERE ©
High-rise Development Opportunity with Holding Income
Colliers is excited to present to the market 38-40 Mercer Street, Geelong For Sale.
This is a rare development opportunity with holding income, whilst you plan the development future for the property. The lease is for 5 years from 1st October 2023 with no options.
The property consists, a building of 1,100m²* on 1,616m²* of activity centre zoned land. In this location the height limit is 60^ metres which provides unbelievable views across Corio Bay and Geelong region.
38-40 Mercer Street presents as an opportunity to create a development in the Geelong CBD.
The key features of 38-40 Mercer St are:
- Land of 1,616m²*
- 5 years from 1st October 2023 with no options
- Preferred building height of 60 metres^
- Multiple Development Outcomes
- Spectacular views across Corio Bay and Geelong
- Proximity to the Geelong Train Station, CBD major shopping, cultural and office precincts.
- Major Developments in the area including Geelong Exhibition and Convention Centre, Upgrade to the Geelong Port, many Commercial and Residential Development sites that are in planning or about to commence.
- Geelong is the second fastest growing city in the Country, and by 2050 will exceed half a million in population (currently 280,000)
- Activity Centre Zone
For further information or to arrange an inspection, please contact your exclusive Colliers' agents Ben Young on 0407 296 6... or Chris Nanni on 0438 306 3....
*Approximately.
^Subject to planning approval (STPA)
This is a rare development opportunity with holding income, whilst you plan the development future for the property. The lease is for 5 years from 1st October 2023 with no options.
The property consists, a building of 1,100m²* on 1,616m²* of activity centre zoned land. In this location the height limit is 60^ metres which provides unbelievable views across Corio Bay and Geelong region.
38-40 Mercer Street presents as an opportunity to create a development in the Geelong CBD.
The key features of 38-40 Mercer St are:
- Land of 1,616m²*
- 5 years from 1st October 2023 with no options
- Preferred building height of 60 metres^
- Multiple Development Outcomes
- Spectacular views across Corio Bay and Geelong
- Proximity to the Geelong Train Station, CBD major shopping, cultural and office precincts.
- Major Developments in the area including Geelong Exhibition and Convention Centre, Upgrade to the Geelong Port, many Commercial and Residential Development sites that are in planning or about to commence.
- Geelong is the second fastest growing city in the Country, and by 2050 will exceed half a million in population (currently 280,000)
- Activity Centre Zone
For further information or to arrange an inspection, please contact your exclusive Colliers' agents Ben Young on 0407 296 6... or Chris Nanni on 0438 306 3....
*Approximately.
^Subject to planning approval (STPA)
Property ID: 504625756Last Updated: 16 Aug 2024
38-40 Mercer Street
Geelong, VIC 3220
Colliers - GeelongLevel 5/100 Brougham Street
GEELONG, VIC 3220
GEELONG, VIC 3220
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