News – Page 2

11 Jun New life for old Ford site

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 the Fortek Geelong precinct on the old factories would…

Read More→

05 Jun Local interest drives commercial investment at Geelong auctions

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 at 11 Crown Street, South Geelong. Selling agent…

Read More→

17 May Local buyer swoops in building underpinned by global firm

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 technology, since the building was erected in the early 1990s….

Read More→

04 Mar Shed to spark tradies interest

GEELONG’S rapidly growing southern suburbs have increased demand for commercial real estate as tradies seek to get close to the action.

07 Nov Eight-year lease to national brand a key to passive investment

A NEW eight-year lease to a national brand tenant is the key to this high profile North Geelong retail investment. But the wildcard for investors is how much the future direction of the Ford precinct will impact the retail strip between Separation St and The Boulevard, Darcy Jarman listing agent Tim Darcy said. The 2075sq m…

Read More→

07 Nov New lease sought for masons’ hall

IT held the secrets of local freemasons for 75 years, now see inside the incredible 21st century conversion of Geelong’s Freemason’s Hall. The heritage-protected three-storey building built in 1926 at 79 Gheringhap Street was converted for use as an office complex after Geelong Unity and Prudence Lodge sold out at the turn of the century and relocated…

Read More→

18 Oct Easy earner for buyer with vision

COULD there be a commercial investment opportunity in the Geelong region that presents an easier way to make money? The Oakley concept store at Torquay’s Surf City Plaza has been described as a bulletproof investment opportunity and it’s not hard to see why. The landmark store at Shop 7, 61 Geelong Rd, opposite Rip Curl’s Torquay retail headquarters, is subject to a secure, long-term…

Read More→

18 Oct Local investors grab rowing’s medal factory

THE Geelong home of a boat builder that’s turned out craft that have secured 75 per cent of Aussie rowing’s Olympic medals since 1992 has found new owners in a quick sale. A Geelong investment group secured the factory of boat builder Sykes for about $6 million, industry sources said. The 12,140sq m Industrial 1 zoned property at 65-67 Tucker St was snapped…

Read More→

20 Sep Boardriders site has sold

THE Torquay headquarters of global surf giant Boardriders has been sold in a confidential deal struck this week. A consortium of Geelong private investors cashed out of the 1.95ha Baines Cres property after the US-owned surf giant announced plans to relocate its head office to the Gold Coast. Boardriders’ $1.6 million annual lease on the purpose-built facility runs until 2021, giving its new owners plenty of time, and…

Read More→

06 Sep Growth fuelling developers interest

Buyers can see the cranes above Geelong’s skyline as a sign of developers’ confidence to acquire key strategic sites, PETER FARAGO reports

25 Jul Builders chase city’s growth

GEELONG’S growth potential and the chance to plan a large-scale development in the city has aroused the attention of developers from outside the region. At play is a 2012sq m city fringe site at 73-77 Mercer St, Geelong, which has been offered through an expression of interest campaign by Darcy Jarman, Geelong West agents Simon…

Read More→

18 Jul Office, education options for surf HQ

BUYERS of a Torquay corporate head office complex could secure the Australian home of surf giant Boardriders for significantly less than its replacement value after it was listed for sale last week. And speculative investors would also get up to three years guaranteed income while they planned the future use of the 27 Baines Crescent…

Read More→