HIGH YIELDING INVESTMENT WITH STRONG 10 YEAR LEASE

Fitzroys in conjunction with Darcy Jarman are delighted to offer for sale.

Key attributes include:

•  10 year lease from March 2024 to highly regarded wellness operator Sweatshop (3 locations across Vic)
•  Returning $210,058 per annum plus outgoings and GST
•  Fixed annual rental increases providing built in growth
•  Building area of 396sqm* with 31 metre* corner frontage
•  Located in the heart of the CBD and close to Geelong’s flourishing medical, arts and hospitality precincts
•  Positioned on the ground floor of the signature ‘Geelong Quarter’ $200 million mixed-use development, featuring a 114 apartment tower and the 180 room Holiday Inn Hotel
– The Holiday Inn forms part of the InterContinental Hotels Group (IHG), the world’s largest operator of hotels and resorts with over 6,000 venues around the world
•  Surrounded by traffic generators including the headquarters of TAC, NDIS and WorkSafe along with Deakin University and Geelong Train Station
•  Opposite the newly developed $140m Arts Centre and metres from the Geelong Gallery that is earmarked for a $150m redevelopment

For further information or an inspection please contact the exclusive selling agents, Fitzroys and Darcy Jarman.

*approx.

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