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4-6 Breakwater Road
Belmont VIC 3216
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Sold on 9 Nov 2022

4-6 Breakwater Road Belmont VIC 3216

  • Factory, Warehouse & Industrial
  • 605 m²
  • Sold

High profile investment opportunity

  • Land area of 973 square meters*
  • Building area of 605 square meters*
  • Zoned Industrial 1

Colliers are pleased to present for the first time since 1979, For Sale via Public Auction on Wednesday 9 November 2022 at 12pm (AEDT) held at South Barwon Reserve, corner of Breakwater and Barwon Heads Road. 4-6 Breakwater Road is strategically located on the busy intersection of Breakwater Road and Barwon Heads Road. A high-profile location in the tightly held Belmont industrial precinct with frontage to Breakwater Road of 29 metres*.

A highly desirable and visible location with easy access to Geelong CBD, Breakwater, Grovedale, Belmont, Armstrong Creek, the Bellarine Peninsula, and the Surf Coast.
With such a significant increase in population in Geelong and south coastal regions, Barwon Heads Road is currently undergoing a significant upgrade to cater for this growth, which is expected to cater up 44,000 vehicles* per day by 2031.

Key Features:
- Land of 973 square metres*
- Building of 605 square metres* including workshop, showroom, mezzanine, office and
amenities.
- Solid brick construction with concrete floor throughout
- Showroom includes reception, small office and polished concrete floors
- Zoned Industrial 1
- Secure tenant GSW Ground Care John Deere since 1998
- Current income of $51,000 per annum net with annual CPI increases
- Current term expires June 2025 with a 5-year option
- Potential future development site
- High profile location

4-6 Breakwater provides the opportunity to invest in a secure and hot industrial market with a longstanding and reliable tenant.
Potential income upside and long-term future development or refurbishment & value add opportunity.

For Sale by Public Auction Wednesday 9 November 2022 at 12pm (AEDT) location TBC

Inspection
All parties wanting to inspect the property must contact the appointed selling agents to arrange an inspection

For more information, please contact Colliers agents Chris Nanni on 0438 306 361 or Jonathon Lumsden 0402 213 572.

*Approx

AUCTION

Auction date and time09/11/2022 12:00
Auction locationSouth Barwon Reserve, corner of Breakwater and Barwon Heads Road

Property Highlights

Date Sold9 Nov 2022
Floor Area605 m²
Land Area973 m²
ParkingOn site parking available
Property ID2018125286
Category
Last updated  13 Nov 2022
Map for 4-6 Breakwater Road Belmont VIC 3216

Property Highlights

Date Sold9 Nov 2022
Floor Area605 m²
Land Area973 m²
ParkingOn site parking available
Property ID2018125286
Category
Last updated  13 Nov 2022

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