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16-18 Malop Street, Geelong, VIC 3220
Geelong
AUCTION | Thursday 15 June 2023, 12pm onsite
Darcy Jarman is excited to present 16-18 Malop Street, Geelong for sale, a strategic Geelong CBD opportunity in the most sought after precinct of the city.
The property offers purchasers a multitude of options including immediate income solution or the ability to reposition the asset. Owner occupiers have capacity to occupy the ground floor, with developers having the ability to invoke a demolition clause and build a CBD masterpiece.
Key Property Features:
- Prime CBD land parcel of 865m2 with dual access from Dennys Place
- Commanding two level freehold totalling 881m2
- Activity Centre Zone land within the newly formed "retail precinct"
- Significant development potential with height limit of 21m (STPA)
- Ideally positioned 50m from the Gheringhap & Malop St interception (Johnston Park)
- Over 14m of retail frontage to Malop Street and 5m to Denny’s Lane
- Highly attractive proposition underpinned by potential 50% stamp duty concessions
- Potential combined income of $160,000 + pa
- Geelong remains the second fastest growing city in the nation with a population expected to be 510,000 by 2050
The property sits directly opposite NDIS National Office and WorkSafe Victoria Head Offices, with the brand-new Geelong council offices on the doorstep, minutes from the Geelong waterfront and Geelong Train Station.
To request information, please contact the below agents:
Tim Darcy + 61 418 522 523
Andrew Prowse +61 418 534 076
*approx.
Remember to mention you found this property on DevelopmentReady
AUCTION | Thursday 15 June 2023, 12pm onsite
Darcy Jarman is excited to present 16-18 Malop Street, Geelong for sale, a strategic Geelong CBD opportunity in the most sought after precinct of the city.
The property offers purchasers a multitude of options including immediate income solution or the ability to reposition the asset. Owner occupiers have capacity to occupy the ground floor, with developers having the ability to invoke a demolition clause and build a CBD masterpiece.
Key Property Features:
- Prime CBD land parcel of 865m2 with dual access from Dennys Place
- Commanding two level freehold totalling 881m2
- Activity Centre Zone land within the newly formed "retail precinct"
- Significant development potential with height limit of 21m (STPA)
- Ideally positioned 50m from the Gheringhap & Malop St interception (Johnston Park)
- Over 14m of retail frontage to Malop Street and 5m to Denny’s Lane
- Highly attractive proposition underpinned by potential 50% stamp duty concessions
- Potential combined income of $160,000 + pa
- Geelong remains the second fastest growing city in the nation with a population expected to be 510,000 by 2050
The property sits directly opposite NDIS National Office and WorkSafe Victoria Head Offices, with the brand-new Geelong council offices on the doorstep, minutes from the Geelong waterfront and Geelong Train Station.
To request information, please contact the below agents:
Tim Darcy + 61 418 522 523
Andrew Prowse +61 418 534 076
*approx.
Remember to mention you found this property on DevelopmentReady
