121 Separation Street,
North Geelong, VIC 3215
Shops & Retail
Price information
Sold
$412,500
Key property information
Land area
Floor area
Sold on
Map of 121 Separation Street
Retail Opportunity - realise the potential
* Located In thriving retail strip shopping precinct
* Ground level retail with separate 1st floor 1 bed apartment
* Rear lane access with onsite parking
* Land area 186m2 approx. (6.1m x 30.5m)
* Building Area: 208m2 approx.
* Zoned: Business 1
If you are looking to relocate from your existing rented premises, you certainly cant go past this offering. Separation St is certainly a tightly held shopping strip - very rarely do properties in this shopping strip come on the market, in fact only 5 in the last 10 years.
And if you are an investor, you should have no issues in finding a tenant for this location.
This is certainly a very popular location, evidenced by continual car movements throughout every day. Another indication of a shopping strips vitality is its vacancy rate, and here we find no empty shops.
On the 1st floor is a large one bedroom apartment that could easily be converted into a two bedrooms. If let separately our rent expectations for the apartment are in the range of $170 to $190 per week depending upon its final configuration.
We certainly do not deny the fact the property does require some remedial repairs and upgrades to the first floor apartment, however the retail part of the property could be let as is with a new tenant undertaking their own works.
The Separation St shops are popular for Bell Park, Bell Post Hill and North Geelong residents and workers alike . The precinct has a range of services including a pharmacy, florist, Post Office, the NAB bank, Supermarket, bottle shop and newsagency. These core businesses are complimented by a number of cafes and take away food outlets.
Positioned only 350m away from Cotton On head office which houses 700 employees, and directly opposite is the North Geelong Secondary College. Any business located here should have no issue with attracting customers and maintaining a profile.
This property is currently under contract, please enquiry with the agent on other properties available for sale that may meet your requirements.
* Ground level retail with separate 1st floor 1 bed apartment
* Rear lane access with onsite parking
* Land area 186m2 approx. (6.1m x 30.5m)
* Building Area: 208m2 approx.
* Zoned: Business 1
If you are looking to relocate from your existing rented premises, you certainly cant go past this offering. Separation St is certainly a tightly held shopping strip - very rarely do properties in this shopping strip come on the market, in fact only 5 in the last 10 years.
And if you are an investor, you should have no issues in finding a tenant for this location.
This is certainly a very popular location, evidenced by continual car movements throughout every day. Another indication of a shopping strips vitality is its vacancy rate, and here we find no empty shops.
On the 1st floor is a large one bedroom apartment that could easily be converted into a two bedrooms. If let separately our rent expectations for the apartment are in the range of $170 to $190 per week depending upon its final configuration.
We certainly do not deny the fact the property does require some remedial repairs and upgrades to the first floor apartment, however the retail part of the property could be let as is with a new tenant undertaking their own works.
The Separation St shops are popular for Bell Park, Bell Post Hill and North Geelong residents and workers alike . The precinct has a range of services including a pharmacy, florist, Post Office, the NAB bank, Supermarket, bottle shop and newsagency. These core businesses are complimented by a number of cafes and take away food outlets.
Positioned only 350m away from Cotton On head office which houses 700 employees, and directly opposite is the North Geelong Secondary College. Any business located here should have no issue with attracting customers and maintaining a profile.
This property is currently under contract, please enquiry with the agent on other properties available for sale that may meet your requirements.
Property ID: 500937463Last Updated: 12 Feb 2014
03 5278 70...
121 Separation Street
North Geelong, VIC 3215
Harcourts - North Geelong127 Separation Street
NORTH GEELONG, VIC 3215
NORTH GEELONG, VIC 3215
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