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38-40 Mercer Street
Geelong VIC 3220
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38-40 Mercer Street Geelong VIC 3220

  • Offices
  • 1,100 m²
  • For Sale, Contact Agent

High-rise Development Opportunity with Holding Income

    Colliers is excited to present to the market 38-40 Mercer Street, Geelong For Sale.

    This is a rare development opportunity with holding income, whilst you plan the development future for the property. The lease is for 5 years from 1st October 2023 with no options.

    The property consists, a building of 1,100m²* on 1,616m²* of activity centre zoned land. In this location the height limit is 60^ metres which provides unbelievable views across Corio Bay and Geelong region.

    38-40 Mercer Street presents as an opportunity to create a development in the Geelong CBD.

    The key features of 38-40 Mercer St are:

    - Land of 1,616m²*
    - 5 years from 1st October 2023 with no options
    - Preferred building height of 60 metres^
    - Multiple Development Outcomes
    - Spectacular views across Corio Bay and Geelong
    - Proximity to the Geelong Train Station, CBD major shopping, cultural and office precincts.
    - Major Developments in the area including Geelong Exhibition and Convention Centre, Upgrade to the Geelong Port, many Commercial and Residential Development sites that are in planning or about to commence.
    - Geelong is the second fastest growing city in the Country, and by 2050 will exceed half a million in population (currently 280,000)
    - Activity Centre Zone

    For further information or to arrange an inspection, please contact your exclusive Colliers' agents Ben Young on 0407 296 679 or Chris Nanni on 0438 306 361.

    *Approximately.
    ^Subject to planning approval (STPA)

    Colliers Geelong
    Colliers Geelong
    Level 5 / 100 Brougham Street
    Geelong, VIC 3220

    Property Highlights

    Floor Area1,100 m²
    Land Area1,616 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019332181
    Category
    Last updated  20 Aug 2024
    Map for 38-40 Mercer Street Geelong VIC 3220
    Colliers Geelong
    Colliers Geelong
    Level 5 / 100 Brougham Street
    Geelong, VIC 3220

    Property Highlights

    Floor Area1,100 m²
    Land Area1,616 m²
    Energy0-star NABERS Energy rating
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019332181
    Category
    Last updated  20 Aug 2024

    Co-Agents

    More about 38-40 Mercer Street Geelong VIC 3220

    38-40 Mercer Street Geelong VIC 3220 is categorized as Office. It has a floor area of 1,100 m². The listing ID for this property is 2019332181.

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