6-8 Townsend Road, St Albans Park

Sale By Negotiation

EOI - Closing 20 September 2024 at 12noon

3,579 m²

Marcus Falconer
Director
Rebecca Osborne
Commercial Sales & Leasing

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

Land size: 3,579 Square Metres approx.

Thinking of selling?

Request Section 32

Due diligence checklist

View agent price guide

Inspections

Inspection by appointment

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Location

Property statistics

Median house price

$562,500
Days on market

30+
Victorian auction clearance rate

76%
Auctions last week in Victoria

735

Data sourced from REIV

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

The floorplan, measurements of rooms and land size are approximate. Jellis Craig does not accept any liability or responsibility for any inaccuracy in any plan, drawing or rendering used in the advertising material to describe the land and/or the property and/or any described features.