4-6 Breakwater Road, Belmont, VIC, 3216

Colliers are pleased to present for the first time since 1979, For Sale via Public Auction on Wednesday 9 November 2022 at 12pm (AEDT) at South Barwon Reserve, corner of Breakwater and Barwon Heads Road. 4-6 Breakwater Road is strategically located on the busy intersection of Breakwater Road and Barwon Heads Road. A high-profile location in the tightly held Belmont industrial precinct with frontage to Breakwater Road of 29 metres*.

A highly desirable and visible location with easy access to Geelong CBD, Breakwater, Grovedale, Belmont, Armstrong Creek, the Bellarine Peninsula, and the Surf Coast.

With such a significant increase in population in Geelong and south coastal regions, Barwon Heads Road is currently undergoing a significant upgrade to cater for this growth, which is expected to cater up 44,000 vehicles* per day by 2031.

Key Features:

- Land of 973 square metres*

- Building of 605 square metres* including workshop, showroom, mezzanine, office and amenities.

- Solid brick construction with concrete floor throughout

- Showroom includes reception, small office and polished concrete floors 

- Zoned Industrial 1

- Secure tenant GSW Ground Care John Deere since 1998

- Current income of $51,000 per annum net with annual CPI increases

- Current term expires June 2025 with a 5-year option

- Potential future development site

- High profile location

4-6 Breakwater provides the opportunity to invest in a secure and hot industrial market with a longstanding and reliable tenant.

Potential income upside and long-term future development or refurbishment & value add opportunity.  

Inspection

All parties wanting to inspect the property must contact the appointed selling agents to arrange an inspection

For more information, please contact Colliers agents Chris Nanni 0438 306 361 or Jonathon Lumsden on 0402 213 572.

*Approx

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