Asking Price Contact for pricing
Area Size
NOI Net Operating Income
NIY N/A

Attributes

Year Built 1975
Building Area Gross
Call for Offers

Asset Description

JLL Retail Investments is pleased to present for sale 44-54 Sydney Parade, Geelong.

Investment Highlights

Investment Highlights:


-       Secure Lease to Australia’s largest petrol and convenience retailer in Australia, 7-Eleven 

-       Attractive Net Lease Structure with fixed 3.0% annual rent reviews

-       Prominent Geelong CBD location directly opposite Victoria’s largest regional hospital

-       Significant 1,267 sqm* corner land holding with future development upside

-       Outstanding exposure to busy Ryrie Street (over 22,000 vehicles passing daily) which connects Geelong to Portarlington, Leopold and Drysdale.

-       Current rental of $146,820p.a* + GST and outgoings

 

For Sale by Public Expressions of Interest closing 25th May at 4pm (AEST)


*Approx.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents:

JLL:

 

Tom Noonan

0402 319 698

 

MingXuan Li

0498 688 998

Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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