55 Yarra Street Geelong VIC 3220

Offices
175 m²
For Sale, $1,300,000 (excl. GST) (under offer)

Easy as 1,2,3.

Don't miss this opportunity to own a prime corner location in the heart of Geelong. The property offers three existing leases with two street frontages, all on one title.

Current tenancies are returning $65,000 per annum plus GST (Approximately)

The lease details include the following:
A lease term ending 30/06/2025 with 1 option to renew for 3 years
A lease term ending 24/09/2027 with 1 option to renew for 4 years
A lease term ending 30/09/2032 with 1 option to renew for 10 years

The building has recently been updated internally and externally; the roof was fully replaced approximately 12 months ago.

If you have been searching for a property with multiple income streams, future growth potential, and possible redevelopment (STCA), then be sure to act on this one.

The property will be sold as a going concern.

For further details, please make contact.

Barnett Real Estate

2A/242 Ryrie St

Geelong, VIC 3220

Property Highlights

Floor Area	175 m²
Land Area	175 m²
Parking	Ask Agent
Annual Return	Ask Agent
Availability	Tenanted
Virtual Tour	View Tour
Property ID	2019659451
Category	Offices Shop & Retail
Last updated	23 Jan 2025

Map for 55 Yarra Street Geelong VIC 3220

Nearest transport* to 55 Yarra Street Geelong VIC 3220

Bus

Train

Tram

Ferry

Yarra St/Ryrie St (Geelong)	150 m
Argyle St/Ryrie St (Geelong)	178 m
Moorabool Street Bus Stops/Moorabool St (Geelong)	246 m
Moorabool Street Bus Stops/Moorabool St (Geelong)	265 m

*Within a 4km radius

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nbn® Fibre to the Node (FTTN) is available in this property

Max wholesale speed tier available: nbn® Fibre to the Node

Barnett Real Estate

2A/242 Ryrie St

Geelong, VIC 3220

Property Highlights

Floor Area	175 m²
Land Area	175 m²
Parking	Ask Agent
Annual Return	Ask Agent
Availability	Tenanted
Virtual Tour	View Tour
Property ID	2019659451
Category	Offices Shop & Retail
Last updated	23 Jan 2025