INCOME + UPSIDE

149 Minerva Road
Newtown 3220
Sold
Price
Contact Agent
Category
Land/Development
Tenancy
Tenanted
Zoning
Commercial 1

Brilliant opportunity to acquire this high exposure corner property positioned within Geelong's most desirable suburb of Newtown.

- Substantial corner landholding of 1,182 sqm* with generous street exposure to Minerva Road and Autumn Street

- Zoning: Commercial 1 (C1Z)

- Rental income: $55,000* p.a.

- Lease Term: 3 years (expires 31/3/24)

- Suit investors, future owner occupier or developers (STCA)

- Median house price of $1,020,000 and a 6.5% quarterly price growth (source: REIV)

*Approx.

Price
Contact Agent
Category
Land/Development
Tenancy
Tenanted
Zoning
Commercial 1

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