For Sale

178-180 Fyans Street, GEELONG, VIC 3220

Blue-Chip Government Backed Investment

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Blue-Chip Government Backed Investment
Expressions of interest closing

Blount Osborne Walsh is delighted to offer this blue-chip investment, leased to VicRoads at 178-180 Fyans Street, Geelong South, for sale by Expressions of Interest closing at 2pm, Wednesday, 10th May.

The property currently provides an exceptional opportunity for the astute investor, while offering significant future development upside with an enormous corner landholding. 

Key attributes of this outstanding investment include:

  • The main Geelong VicRoads customer service centre
  • Substantial corner landholding of 11,940sq m*
  • New 5 year lease to VicRoads (plus options), plus additional income from adjoining car yard 
  • Current Net Income: $424,400 per annum* 
  • Ideally situated in Geelong’s thriving, large format retail and commercial precinct 
  • Close proximity to central Geelong, which comprises a bustling retail and lifestyle precinct including Westfield Geelong shopping centre, Deakin University and Kardinia Park/Simonds Stadium 
  • Geelong is Victoria’s second largest city, and one of the fastest growing regions in Victoria with the population of Geelong expected to grow by 36.51% by 2036
  • An outstanding investment opportunity with a blue-chip tenant, and significant future potential development and planning upside!

178-180 Fyans Street, South Geelong is for sale by Expressions of Interest closing Wednesday 10 May at 2pm.

Blount Osborne Walsh
Cameron Elliott - 0412 714 506
Matt Walsh - 0411 880 054

In conjunction with Savills, Nick Peden - 0402 011 266


Contact:
Cameron Elliott
0412 714 506
cameron@bowalsh.com.au
Matt Walsh
0411 880 054
mwalsh@bowalsh.com.au

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