HIGH YIELDING INVESTMENT WITH STRONG 10 YEAR LEASE

Fitzroys in conjunction with Darcy Jarman are delighted to offer for sale via public auction on Wednesday 25th March from 1pm, this modern investment at 46 Ryrie Street, Geelong.

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.

Back to property search