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178-180 Fyans Street
Geelong VIC 3220
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Sold on 22 May 2017

178-180 Fyans Street Geelong VIC 3220

  • Offices
  • 1 m²
  • Sold

Blue-Chip Government Backed Investment

  • Extensive Corner Landholding
  • New 5 Year Lease to VicRoads
  • High Growth Location

Savills and Blount Osborne Walsh are delighted to offer for sale this blue-chip investment, leased to VicRoads at 178-180 Fyans Street, Geelong South.

This property provides an exceptional opportunity for the astute investor as well as offering significant development upside with an enormous corner landholding.

Key attributes of this outstanding investment include:

- The 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 development upside!

For more information, please contact our agents:

Savills
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655

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

Property Highlights

Date Sold22 May 2017
Floor Area1 m²
Land Area1.19 ha
ParkingOn site parking available
Building TypeWhole building
Property ID2013523994
Category
Last updated  15 Jun 2021
Map for 178-180 Fyans Street Geelong VIC 3220

Property Highlights

Date Sold22 May 2017
Floor Area1 m²
Land Area1.19 ha
ParkingOn site parking available
Building TypeWhole building
Property ID2013523994
Category
Last updated  15 Jun 2021

Co-Agents

Cameron Elliott
Highway Frontage Real Estate
Call
0412 714 506
Matt Walsh
Highway Frontage Real Estate
Call
0411 880 054

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