POA

4/23-31 Gheringhap Street Geelong

This prime corner property is situated at the entrance to Geelong's CBD caf and hospitality district and is merely meters to Westfield Geelong and Market Square shopping centre's. The bustling corner of Little Malop and Gheringhap Street is also surrounded new developments as population growth in the Geelong region is exploding and set to increase by a further 50% over the next 21 years.

•372 sqm* of ground floor retail/ office in Geelong's thriving precinct
•Brand new 5 year lease with options to 5th October 2035
•Significant income stream offering $120,000 net per annum
•Comes with both bank guarantee and personal guarantee
•30 m frontage to Little Malop Street- bustling hospitality and commercial precinct
•3 street frontages offering long term flexibility- potential to further subdivide (STCA)
•Geelong's population is set to grow a further 130,000 over the next 21 years to 393,216 (source; forecast.id.com.au)