For Sale

  • 12c Sunset Strip
  • Ocean Grove VIC
  • 200sqm
  • 217sqm
  • Residential Growth Zone - Schedule 3

Contact agent

12c Sunset Strip, Ocean Grove VIC

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  • 12c Sunset Strip
  • Ocean Grove VIC
  • 200sqm
  • 217sqm
  • Residential Growth Zone - Schedule 3

Contact agent

COASTAL INVESTMENT OPPORTUNITY!

Gartland are delighted to present 12C Sunset Strip, Ocean Grove for sale. This 2 level neighbourhood strip shop and residence is being offered with a secure lease to cafe operator, Twelve Sea.

Lease term: new 5+5 year lease from 1 Feb 2023

Passing rent: $45,000 pa + GST + outgoings

Rent reviews: fixed for first 2 years, +5% annual thereafter, market at commencement of further term

Features:

• Total building area 217m2 approx

• Land area 200m2 approx

• Ground floor cafe

• Level 1 residence features 3 bedrooms, bathroom with shower and bath, powder room, laundry and open plan kitchen/living area

• Brand new carpet to residence

• Rear lane access

• Residential Growth Zone 3

For further information or to organise an inspection please contact Sarah Nightingale

It’s all in the detail.
It’s all in the detail.
It’s all in the detail.
We are a specialist real estate agency renowned in Geelong for expert residential and commercial services