Longstanding Tenants Include Australia Post, Council Library and CBA

18-20 & 17 Hancock Street & Clifton Springs Road , Drysdale VIC

Property Highlights

Absolute town centre position
100% leased with longstanding tenants
Busy pedestrian & vehicular exposure
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Description

Absolute centre position within Drysdale’s Commercial Centre
100% leased with longstanding tenants with majority in occupation 25+ years
Busy pedestrian & vehicular frontage and exposure
Prime corner freehold on two titles of 570sqm and 440sqm, equating to a substantial total site area of 1,010sqm
Complementary tenancy mix; Commonwealth Bank, Australia Post, Library (Greater Geelong City Council), Discount retail, hairdresser, fish & chips and Pilates
Strategically positioned opposite Woolworths Supermarket
Drysdale: growing Bellarine Peninsula suburb 20kms south of Geelong
Less than one hour’s drive from Melbourne’s south-west metropolitan suburbs and in the heart of the Bellarine Peninsula and expanding residential suburb and popular tourist destination with seasonal population surges
Part of the City of Greater Geelong, being Victoria’s second largest city with a population of 268,000+ and growing rapidly
Estimated Net Income: $228,242 pa (Dec 2021)

For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1,010 SQM
Building Area
954 SQM

Price

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