STRONG HIGH YIELDING INVESTMENT WITH 10 YEAR LEASE

Fitzroys in conjunction with Darcy Jarman are delighted to offer for sale, a high-yielding, modern investment at 46 Ryrie Street, Geelong.

Key attributes include:

•  Located in the heart of the CBD and close to Geelong’s flourishing medical, arts and hospitality precincts
•  10 year lease plus options to Sweatshop
•  Well regarded wellness and fitness tenant with 3 locations across Victoria
•  Returning $210,058* pa net with fixed annual increases
•  Building area of 396sqm* with 31 metre* corner frontage
•  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
•  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

46 Ryrie Street present astute investors with the perfect opportunity to capitalise on Geelong's growth trajectory. Greater Geelong is one of Australia’s fastest growing regions with the population forecast to increase by 28.7%* between 2024-2034.

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

*approx.

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