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Sold on 13 Mar 2013

. Cnr Bristol Road & Payne Street Geelong VIC 3220

  • Shop & Retail
  • 5,308 m²
  • Sold

Receivers Tender - 38 Modern Shops to be sold in one line.

    * Modern retail shopping centre of 5,308sqm* comprising 38 retail shops with a strong representation from national retailers.

    * Irreplaceable corner Business 1 zoned site of 1.403ha* located in the centre of Torquay

    * Fundamentally sound design with 228* at-grade car spaces with external facing shops

    * Ability to add value via rental growth and potential subdivision (STPA).

    * Substantial depreciation tax benefits

    * Strategically located to benefit from a vast retail catchment area with high levels of population growth forecasted

    * Fully Leased Net Income of $1,533,000p.a.*

    For Sale by public expression by Tender closing 12.00pm Thursday 22nd November 2012.

    Under Instruction from Receivers and Managers - KordaMentha

    CBRE Melbourne
    CBRE Melbourne

    Property Highlights

    Property ID2016610301
    Date Sold13 Mar 2013
    Floor Area5,308 m²
    Land AreaAsk Agent
    Parking208 x Onsite parkings
    Category
    Last updated  19 Nov 2020
    Map for . Cnr Bristol Road & Payne Street Geelong VIC 3220
    Map for . Cnr Bristol Road & Payne Street Geelong VIC 3220. Cnr Bristol Road & Payne Street Geelong VIC 3220
    CBRE Melbourne
    CBRE Melbourne

    Property Highlights

    Property ID2016610301
    Date Sold13 Mar 2013
    Floor Area5,308 m²
    Land AreaAsk Agent
    Parking208 x Onsite parkings
    Category
    Last updated  19 Nov 2020
    CBRE Melbourne
    Level 34, 8 Exhibition Street Melbourne VIC 3000

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