For Sale

A PREMIUM OFFICE INVESTMENT LOCATED WITHIN THE HEART OF THRIVING GEELONG, 235 Ryrie Street, GEELONG 3220

  • Area2,622 m²
  • Sale PriceContact Agent

A PREMIUM OFFICE INVESTMENT LOCATED WITHIN THE HEART OF THRIVING GEELONG

Highlights

  • Fully leased to quality tenants
  • Highly appealing WALE of 4.844* years
  • Refurbished building that presents well

Description



MP Burke Commercial in conjunction with Colliers are pleased to offer 235 Ryrie Street, Geelong For Sale by International Expressions of Interest closing Thursday 19 May 2022 at 3pm (AEST).

Situated in the heart of a thriving medical and professional services precinct in Geelong, the property presents exceptionally well having been recently refurbished and 100% leased.

Currently returning a net income of $980,415*, the substantial three-level office building of 2,622 square metres* plus 39* secure basement car parks and 3 on grade car parks is perfectly suited to the astute investor looking for exposure to an ever-growing Geelong market.

The property reflects a strong 4.844* year WALE with a high-quality tenant mix of national and international tenants including Nucleus Network, Australian Clinical Labs, Coulter Legal and accounting and business advisory giant Findex.

The improvements sit on over 1,400 square metres* of land with dual access and immediate proximity to the Westfield Shopping Centre, Market Square Shopping Centre and University Hospital.

The property has a 4-star NABERS Energy rating and 4.5-star NABERS Water rating.

To arrange a private inspection or for more information please contact the exclusive selling agents.

Tenure type

Tenanted Investment

GST

All prices quoted are exclusive of GST.

Sale Car Spaces

39

Energy Rating

4-star NABERS Energy rating

Grade

B

Agents

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