Spec investor buys Ocean Grove super site
A SPECULATIVE investor has secured an Ocean Grove commercial development super site after an expressions of interest campaign drew to a close last week. The Geelong region buyer secured the parcel in a confidential sale, which comprised three properties at 85 and 87 The Terrace and 96 The Parade,…
Investor buys service station
A NEWTOWN service station will continue pumping petrol for years to come after the landmark freehold site sold after auction. The Caltex, leased through Bonney Energy, has been pumping petrol since at least the 1950s and holds the main lease on the corner 2000sq m property at 404-408 Shannon Ave, Ne…
Pakington St investment sold at auction
A GEELONG investor has snapped up a high profile tenanted investment property at auction. The 145sq m Commercial 2 zoned building at 1/69 Pakington St, Geelong West, sold under the hammer for $736,000. Darcy Jarman, Geelong West, agent Simon Jarman said the auction drew a big crowd and four bi…
Investor can pump plenty off prime servo site
A NEWTOWN service station site is expected to attract interest above $1.5 million when it goes to auction this month. The 2086sq m property at 404-408 Shannon Ave, Newtown, is a prime corner site occupied by a Caltex service station (leased through Bonney Energy), a Subway restaurant and a Muzz Buzz…
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