For Sale

Whole Building, 40-42 Moorabool Street, GEELONG 3220

  • Area1,145 m²
  • Sale PriceContact Agent

INCOME, POSITION & FUTURE UPSIDE

Highlights

  • Prominent Freehold Building
  • Prime central Geelong CBD location
  • Boutique ‘value-add’ development* STCA

Description

Strategically located in Geelong’s Central Business District and the famous waterfront promenade, this property neighbours key commercial, retail, and civic amenity including the new GMHBA headquarters (60 Moorabool Street) and Westfield Geelong (95 Malop Street).

Prominent two-level character brick building featuring multi-level open plan hospitality Accommodation, dance floor with a DJ booth, various bar & lounge areas, commercial kitchen and balcony area on Level 1.

Lease Details:
Rent Review: Annual 3.5% fixed reviews
Lease Term: Five (5) years
Lease Option: Five (5) years
Lease Security: Four (4) month Bank Guarantee
Cleaning: N/A
Lease Comments: Lease subject to a twelve (12) months’ demolition clause effective from the 3rd anniversary of lease commencement – i.e., 1st July 2025

Zoning ACZ - Activity Centre Zone Tenure type

Tenanted Investment

GST

All prices quoted are exclusive of GST.

Agents

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