13, 15 & 17 Leather Street & 94 Tanner Street,
Breakwater, VIC 3219
Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Sold on
Map
Substantial Investment on Expansive Corner Landholding
- Strategic corner landholding of 1.98ha*
- 5 individual titles
- Securely leased with substantial income
Colliers is pleased to present For Sale by Expressions of Interest an exceptional investment opportunity.
Situated in a prime corner position within a tightly held showroom and industrial precinct, the property is leased to Big River Timbers and provides a significant value-add opportunity.
- Securely leased to a ASX listed Big River Group with a 5-year lease commencing 3 December 2018 with options through to 2033
- Substantial passing income of $412,503* net per annum
- Two further terms of 5-years with a market review at option and CPI annual increases
- Strategic land holding of 1.98 hectare* (19,824 square metres*) with two (2) street frontages to Leather Street and Tanner Street
- Nine buildings totalling 6,460 square metres*
- Five individual titles
- 107 metres frontage to Leather Street and 192 metres frontage to Tanner Street
- Favourably Zoned Industrial 2 (IN2Z) providing a myriad of future development options (STCA)
- Offering underlying land value or value-add via rental reversion on lease option
- Thriving precinct located directly opposite Bunnings Trade
- Close to all major arterials and within 5km of Geelong CBD*
- Located in high growth region
For further information or to inspect the property, please contact the exclusive selling agents
Situated in a prime corner position within a tightly held showroom and industrial precinct, the property is leased to Big River Timbers and provides a significant value-add opportunity.
- Securely leased to a ASX listed Big River Group with a 5-year lease commencing 3 December 2018 with options through to 2033
- Substantial passing income of $412,503* net per annum
- Two further terms of 5-years with a market review at option and CPI annual increases
- Strategic land holding of 1.98 hectare* (19,824 square metres*) with two (2) street frontages to Leather Street and Tanner Street
- Nine buildings totalling 6,460 square metres*
- Five individual titles
- 107 metres frontage to Leather Street and 192 metres frontage to Tanner Street
- Favourably Zoned Industrial 2 (IN2Z) providing a myriad of future development options (STCA)
- Offering underlying land value or value-add via rental reversion on lease option
- Thriving precinct located directly opposite Bunnings Trade
- Close to all major arterials and within 5km of Geelong CBD*
- Located in high growth region
For further information or to inspect the property, please contact the exclusive selling agents
Property ID: 504051995Last Updated: 28 Nov 2022
Colliers - Geelong
Level 5/100 Brougham StreetGEELONG, VIC 3220
13, 15 & 17 Leather Street & 94 Tanner Street
Breakwater, VIC 3219
Colliers - GeelongLevel 5/100 Brougham Street
GEELONG, VIC 3220
GEELONG, VIC 3220
More properties from Colliers - Geelong
Other properties you might be interested in based on the location and property type you are looking at.
