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197 Shannon Ave
Manifold Heights VIC 3218
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197 Shannon Ave Manifold Heights VIC 3218

  • Shop & Retail
  • 339 m²
  • For Sale, $1,500,000 (GST na)

Prime Retail Investment Opportunity in Manifold Heights

    Located right across from McDonald's on Shannon Avenue, this versatile property offers a fantastic opportunity for savvy investors. Comprising two generous retail spaces and a two-bedroom unit at the rear, it's a great mix of commercial and residential spaces, all currently tenanted and providing a strong, steady income stream.

    In addition to its prime location and versatile layout, this property also offers great value. This is an excellent investment opportunity for those looking to enter the retail market or expand their existing portfolio.

    • 197: Iphone Guy: $24,942.27 PA + GST Net - 3 yrs from 01/05/224 with one further option of 3 years

    • 197A: Fish and Chip Shop: $22,782.93 PA + GST Net - 01/10/2020 (5yrs) with two further options of 5 years

    • Residential Tenant: $20,800 Per annum

    • Total: $67,724.54 PA

    • Surrounded by many long term established business

    • Opposite McDonalds on Shannon Avenue

    • Land Area: 339m2

    • Commercial Zone 1

    Don't miss out on the chance to secure this exceptional retail space in Geelong West. Contact us today to arrange a viewing and see for yourself the potential that this property holds.

    Ray White Highton
    Ray White Highton
    75 Barrabool Rd
    Highton, VIC 3216

    Property Highlights

    Floor AreaAsk Agent
    Land Area339 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2020124829
    Category
    Last updated  11 Jul 2025
    Map for 197 Shannon Ave Manifold Heights VIC 3218

    Nearest transport* to 197 Shannon Ave Manifold Heights VIC 3218

    Bus
    Train
    Shannon Ave/Autumn St (Manifold Heights)66 m
    Shannon Ave/Autumn St (Geelong West)93 m
    Albert St/Shannon Ave (Geelong West)229 m
    Central Ave/Autumn St (Manifold Heights)243 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    Ray White Highton
    Ray White Highton
    75 Barrabool Rd
    Highton, VIC 3216

    Property Highlights

    Floor AreaAsk Agent
    Land Area339 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2020124829
    Category
    Last updated  11 Jul 2025

    Co-Agents

    More about 197 Shannon Ave Manifold Heights VIC 3218

    197 Shannon Ave Manifold Heights VIC 3218 is categorized as Shop & Retail Property. It has a land area of 339 m². The listing ID for this property is 2020124829.

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