Lot 9, 7 Seaside Parade North Shore, 9/7 Seaside Parade,
North Shore, VIC 3214

Prime Commercial Factory/Warehouse in Thriving Geelong Region

Property Highlights:
- Size: 78m² internal space
- Parking: Includes two car spaces
- Age: Just over 3 years old
- Current Status: Tenanted, offering immediate return on investment

Location:
- Proximity: Well-located to the city of Geelong
- Access: Easy freeway access to Melbourne

Description:
This near-new commercial factory/warehouse is an exceptional opportunity for savvy investors and business owners looking to enter the commercial property market. With 78m² of internal space and two car spaces, this modern building is designed for functionality and convenience. At just over three years old, the property is in excellent condition and comes with a tenant already in place, providing an immediate income stream.

Why Invest in Geelong?
Geelong has seen significant growth and transformation over the past decade, making it one of Victoria's most attractive regions for investment. Key statistics and factors contributing to Geelong's appeal include:

1. Population Growth:
- Geelong's population has been growing steadily, with an annual growth rate of approximately 2.6% over the past ten years. This has led to increased demand for both residential and commercial properties.

2. Economic Development:
- The Geelong region has experienced robust economic development, with major infrastructure projects such as the Geelong City Deal injecting over $370 million into the local economy. This includes upgrades to transport links, waterfront development, and improvements to the city's cultural and tourism sectors.

3. Employment Opportunities:
- The diversification of Geelong’s economy has led to a surge in employment opportunities across various sectors, including education, healthcare, advanced manufacturing, and tourism. This economic diversification supports a stable tenant base for commercial properties.

4. Proximity to Melbourne:
- With easy freeway access, Geelong is only about an hour's drive from Melbourne, making it a convenient location for businesses that require connectivity to Victoria's capital. The improved transport links, including the planned high-speed rail project, are set to further enhance this connectivity.

5. Lifestyle Appeal:
- Geelong offers a high quality of life with its coastal location, vibrant cultural scene, and excellent educational institutions. The balance of urban amenities and natural beauty attracts both businesses and residents, fostering a dynamic and sustainable local economy.

This property represents a fantastic entry into the commercial property market in a region that promises continued growth and prosperity. Don't miss out on this unique investment opportunity in one of Victoria’s most promising locations.

For more information or to arrange an inspection, contact Luke today.