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156 High Street Belmont, VIC 3216

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156 High Street,
Belmont, VIC 3216

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OUTSTANDING RETAIL PREMISES LEASED TO WESTPAC

PROMINETLY LOCATED IN VIBRANT RETAIL PRECINCT

Land Area: 623 m² aprox
Frontage to High Street: 15.1 m² approx
Building Area: 407 m² approx
Rental growth potential
Five (5) on site car parks at rear
Zoning: Business 1
Significant further development potential (STCA)
Located next to Coles Supermarket and surrounded by a number of National retailers
Terms: 10% deposit, balance 60 days
Excellent opportunity to acquire substantial retail property located in prominent position in one of Geelong’s most highly regarded retail shopping strips, adjoining a major Coles Supermarket and offering scope for further development or sub division (STCA) and may suit potential owner occupier.

LEASE DETAILS
Tenant – Westpac Banking Corporation Ltd
Term – Five (5) years from the 5th June 2005
Rent - $73,340 per annum + GST
Outgoings – Payable by Tenant
Reviews – Market Review due 05/06/2008
Options – Nil

Chris Kombi 0438 156 2...
Geoff Emmett 0409 330 561

Property ID: 5380857Last Updated: 4 Dec 2013

04381562...
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156 High Street
Belmont, VIC 3216
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000
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