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103 Mercer Street
Geelong VIC 3220
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Sold on 2 Apr 2014

103 Mercer Street Geelong VIC 3220

  • Hotel, Motel, Pub & Leisure
  • 740 m²
  • Sold

High Profile Woolworths Investment

High Profile Woolworths Investment - Geelong CBD Corner.
Secure 7 + 7 + 7 year lease to 2034 to Woolworths Limited.
BWS Australia's most accessible liquor retailer with 1,200 stores.
Annual CPI + 1% reviews and to market at options.
Building area of 160sqm plus large canopy extensively refurbished to Woolworths requirements in 2013.
Large 740sqm site with triple street frontage of 69 metres.
Prominently located strategic gateway position in the CBD, opposite Geelong train station.
Opportunity to re-establish billboard income estimated at $10,000 pa (STCA).
Net rent: $88,628 pa (as at May 2014).
Potential Net income: $98,628 pa.

AUCTION

Auction date and time02/04/2014 11:00
Auction locationCrown Casino

Property Highlights

Date Sold2 Apr 2014
Floor AreaAsk Agent
Land Area740 m²
ParkingAsk Agent
Property ID2011040725
Category
Last updated  15 Aug 2016
Map for 103 Mercer Street Geelong VIC 3220

Property Highlights

Date Sold2 Apr 2014
Floor AreaAsk Agent
Land Area740 m²
ParkingAsk Agent
Property ID2011040725
Category
Last updated  15 Aug 2016
Level 20, 150 Lonsdale Street Melbourne VIC 3000
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd

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