. Cnr Bristol Road & Payne Street Geelong VIC 3220
- Shop & Retail
- 5,308 m²
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