Belmont raid a hit
A MELBOURNE developer has secured a row of commercial properties on High St, Belmont, in a well executed pre-auction raid. The buyer paid $1.3 million for the retail premises at 132A, 132B and 134 High St, Belmont, CoreLogic reported. Darcy Jarman agent, Tim Darcy, said the buyers made their p…
A Whole new ball game for Belmont warehouse
THE ink is dry on a $250,000 a year deal for the new home of Basketball Geelong. The two warehouses, measuring 5000sq m, at 20 Crows Rd, Belmont, will be converted to a basketball centre when the league moves in. Darcy Jarman, Geelong West, agent Tim Darcy said the lease would initially run fo…
Multiple use in redevelopment
RESIDENTIAL dwellings could form the first floor of a potential redevelopment of this long-term Belmont retail strip listed for sale. With the forthcoming auction of 132A and B and 134 High St, Belmont, the selling agents are tipping a multi-level redevelopment with residential topping the addres…
Supermarket premium
A COASTAL supermarket holding has sold big with local investors driving the price. IGA St Leonards at 1370-1372 Murradoc Rd sold for $5.625 million at a land rate of $4,374 per square metre and 5.06 per cent yield, Darcy Jarman Geelong West agent, Tim Darcy, said. The supermarket was expected …
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