THE ISLAND GEELONG CBD

179-185 Little Malop Street
GEELONG 3220
For Sale
by Expression of Interest closing
19th March 2025 at 3:00pm
Price
Contact Agent
Category
Retail
Tenancy
Tenanted
Zoning
Activity Centre Zone 1

Darcy Jarman is proud to present “The Island – Geelong CBD,” a generational opportunity featuring three high-quality tenants across three buildings on an ultra-rare, quadruple-fronted land parcel.

As one of the only island sites in the Geelong CBD, this property offers unparalleled accessibility and activation potential. The investment is strengthened by Chemist Warehouse, which serves as the anchor tenant on a newly secured five-year lease, ensuring long-term stability and income security.

Key Investment Highlights:
• Diverse tenancy mix, securely leased to Chemist Warehouse, Executive Apartments, and Kelly & Associates
• Combined income: $460,583 pa net plus gst
• Secure long-term income with an 8+ year WALE
• Rare 1,830m²* CBD landholding with a combined frontage of 173m
• Total Building Area: 2,155m²* across three buildings
• Potential 50% stamp duty concessions

Located in the retail core of Geelong's tightly held CBD, the site also lies in the heart of Geelong’s hospitality and medical precinct, on the doorstep of Westfield Shopping Centre, University Hospital, Deakin University and Geelong's picturesque waterfront.

The property is available as a whole or in part, via an Expression of Interest campaign closing on 19 March 2025 at 3pm.

To request information, please contact the below agents:
Tim Darcy + 61 418 522 523
Andrew Prowse + 61 418 534 076

*approx.

Price
Contact Agent
Category
Retail
Tenancy
Tenanted
Zoning
Activity Centre Zone 1

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