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

Offices

For Sale

  • Property ID: 417360
  • Floor Area: 2622m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
A PREMIUM OFFICE INVESTMENT LOCATED WITHIN THE HEART OF THRIVING GEELONG

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.
Tenanted Investment
All prices quoted are exclusive of GST.
39
4-star NABERS Energy rating
B
Level 1, 145 Russell Street
MELBOURNE VIC 3000
© 2024 MP Burke Commercial. All rights reserved.

Geelong Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $776 ---
Retail --- $250 ---
This is the average advertised price, rent and yield for Geelong, VIC 3220*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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