Metricon-anchored business park delivers for local group in South Geelong
Investors creating a business park in South Geelong have more than made back their initial investment on the property after selling another five warehouses recently. The modern industrial warehouses at 15-19/158 Fyans Street sold for a combined $3.87m to complete the second of the three-stage dev…
Make your move: Why industrial warehouses have replaced retail as the premier commercial asset class
Industrial warehouses, offices and showrooms have replaced retail as the premium commercial asset class as CBDs continue to grapple with working from home. Investors and occupiers have flocked to estates such as South Geelong, Breakwater, Moolap and North Geelong where tilt-slab constructions eme…
Retail giant eyes new Leopold site
Australian retail giant Harvey Norman has confirmed plans to build a third Geelong store after securing a strategic landholding in an $11m deal. The retailer purchased a 6722sq m farm property on Melaluka Road, Leopold. Though the property is zoned as farming land, it is Geelong council’s prefer…
Prime sites hit the market
Landmark properties offered in Geelong West and Ocean Grove provide opportunities to leverage their size and position for multi-storey residential developments.The commercial sites have hit the market and attracted strong interest from developers and other groups. A two-storey tenanted investment at…
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