AUCTION | THURSDAY 8th SEPTEMBER AT 12pm ONSITE
Premium, bite size industrial investment leased to national home builders, Metricon Homes. Ideally positioned in Geelong's tightly held and much sought-after city fringe precinct of South Geelong.
- Securely leased to award winning home builder, Metricon Homes
- Rental income: $32,069 pa net (as of 01/12/22)
- Tenant pays all outgoings including land tax
- Lease term: 8 years + options (commenced Dec-21)
- Annual increases: 3%
- Building area: 250m2
- Benefitting from an additional 45m2 mezzanine
- Dedicated parking for five (5) cars
- Abutting and servicing Metricon Homes brand new head office.
- Positioned within Barwon Fyans Business Park, the newest and most sought after industrial park in Geelong, neighbouring a soon to be open Routleys Bakery.
*Approx.