Darcy Jarman is pleased to present 18 The Esplanade South, Geelong for sale. A triple fronted development site with future water views, aided by strong income until 2025 from a global tenant.
The premium corner development site is positioned on the doorstep of the CBD, metres from the exclusive Western Beach pocket, one of Geelong's most sought after residential precincts.
Key Site Features:
- 1008m2 triple frontage development site in an unrivalled location
- Strong existing income of $80,000 pa net
- Lease expiring Jan 2025 with no options
- AAA positioned just 100m from Western Beach foreshore
- Triple street frontage totalling 94m* to York St, Mercer St and The Esplanade South
- Potential 50% stamp duty concessions
- Favourable settlement terms of 180 days available
- Activity Centre Zone land within the newly formed "York Precinct"
- Significant development scope with height limit of 16m - 21m (STPA)
- Positioned at the gateway to the city, metres from the Geelong waterfront, Geelong Train Station and neighbouring Quest Geelong
- Geelong remains the second fastest growing city in the nation with a population expected to be 510,000 by 2050
To request information, please contact the below agents:
Tim Darcy + 61 418 522 523
Remember to mention you found this property on DevelopmentReady
