Author: Antonella Posterino

THE biggest price ever paid for a commercial property on Newtown’s Pakington St has underlined the investment strength of the inner Geelong shopping strip. A Geelong investor paid a strip-record $2.29 million at auction for the corner property containing Newtown’s pharmacy and a fashion boutique in...

LONGSTANDING lease agreements with national tenants will bankroll a buyer’s investment in a pair of prime industrial properties which go to auction in September. The pair of impressive tiltpanel warehouse showrooms are occupied by Midas and Nisbets on long, secure leases, giving buyers the security of a regular income stream. The warehouses at 9-11 Curtis St, Belmont, are...

NATIONAL retailers are tipped to fight for the first chance in years to secure a large tenancy in the heart of Pakington St after a blue chip commercial property netted more than $3 million. An investor paid $3.21 million for the 382sq m freehold property at 196-198  Pakington St, Geelong West, which is home to Murphy’s...

GEELONG’S busiest commercial strip stands to benefit as potentially thousands of people return to work at the old Ford site over the next few years, a leading real estate agent says. Darcy Jarman agent Tim Darcy said the Ford site’s new owners Pelligra’s plans to create...

Local interest has dominated at a trio of commercial property auctions around Geelong. The three properties in Geelong, South Geelong and Grovedale were auctioned last week and found buyers at or shortly after the auctions. A Geelong investor has paid $1.09 million for a warehouse and showroom...

A GLOBAL technology firm’s local base was the key feature of a Geelong CBD building that’s been sold after a bold pre-auction raid by a local family. The two-storey office complex at 44-46 Lt Ryrie St, Geelong, has been home to the local branch of NCR, a US-based global leader in consumer transaction...