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
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Median house price
$612,500
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Days on market
30+
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Victorian auction clearance rate
90%
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Auctions last week in Victoria
564
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.
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