Private Sale - Sold on Oct 11, 2024
Contact Agent for Sold Price
Superior Regional Investment for an astute investor
This is an exciting opportunity to own a high yielding investment premises in Geelong, one of the fastest growing regional cities in Australia.
Currently utilised as a substantial health care facility with a capacity for thirty beds, the 3579sqm property on Townsend Road, St Albans, sits in a Residential 1 zone.
Rental income is $353,446.84 p.a. plus GST and outgoings. The current tenant has
... Read moreLand size: 3,579 Square Metres approx.
Location
Property statistics
-
Median house price
$580,000
-
Days on market
30+
-
Victorian auction clearance rate
90%
-
Auctions last week in Victoria
237
Schools
Geelong East Primary School
184 Boundary Road Geelong East
0.6km
St Augustine's Education & Training Centre
27 Oxford Street Whittington
0.8km
St Helen's /MacKillop Family Services
27 Oxford Street Whittington
0.8km
Newcomb Secondary College
81 - 85 Bellarine Highway Newcomb
1.4km