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Geelong Commercial Real Estate

127 Marshalltown Road Grovedale, VIC 3216

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127 Marshalltown Road,
Grovedale, VIC 3216

Offices • Showrooms & Large Format Retail • Warehouse, Factory & Industrial

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$2,088,000

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PRIME GROWTH-CORRIDOR INVESTMENT

  • HIGH PROFILE INVESTMENT GROWTH CORRIDOR
  • $106,000PA NET INCOME, LONG LEASE
  • STRATEGIC 996m2 CORNER SITE, 590m2 BLDG
• High Profile Grovedale Investment – Growth Corridor
• Fantastic Corner Site – Two Street Frontages
• Secure Lease to April 2025, $106,000PA plus GST and Outgoings
• Land area 996m2 approx., 590m2 Showroom/Office
• 4.8% net return
• No GST - 50% Stamp Duty discount applies
• Zoned Commercial 2

This prime showroom/office situated directly opposite Grovedale IGA offers investors high quality fit out throughout, excellent rental return, secure lease terms and a successful long-term tenant. Located on a high-profile 996m2 corner site in one of Victoria’s biggest growth corridors, the showroom/office of 590m2 approx. is a perfect addition to your portfolio.
Current lease term through to April 2025 (plus options) with $106,000PA plus GST and outgoings. Only minutes to Armstrong Creek growth corridor via Torquay Road or Barwon Heads Road and with significant frontage to Marshalltown Road this prime site ticks a lot of boxes. A rare offering in this tightly-held and high-demand location. FOR SALE NOW at $2,200,000 (no GST). 4.8% Net Return. 50% Stamp Duty discount applies.

Additional information

Property ID: 504082675Last Updated: 30 Aug 2022

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Geelong Commercial Real Estate

5/240 Pakington Street
GEELONG WEST, VIC 3218
04080354...
Geelong Commercial Real Estate
127 Marshalltown Road
Grovedale, VIC 3216
Geelong Commercial Real Estate
5/240 Pakington Street
GEELONG WEST, VIC 3218

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