Gartland is excited to present this exceptional development site in the heart of Newtown's sought-after river precinct.

With a substantial landholding and wide frontage, this property offers outstanding scope for future projects in one of Geelong's most tightly held and desirable locations. Just moments from the Barwon and vibrant Pakington Street, the site is perfectly positioned for a variety of uses (STCA).

Enhancing its appeal, the property will be offered with secure holding income from Jaybro, a national infrastructure supply company. Jaybro will occupy the property on a 5-year lease commencing 1st October 2025, with further options. The tenant pays a net rental of $130,000 per annum + GST + Outgoings, with a demolition clause available after the first term, providing income security with flexibility for future redevelopment.

Key Highlights:

• Land Area: 2,876m²

• Building Area: 600m² (approx.)

• Prime AAA location near the Barwon River & Pakington Street

• Commercial 2 Zone

• Holding income: $130,000 PA + GST + Outgoings (5-year lease with options)

• Demolition clause exercisable after first term

• Occupied by Jaybro - a national infrastructure supply company

• Significant future development potential (STCA)

Opportunities of this size, calibre, and flexibility in Newtown are rarely offered to market.

For more information or to schedule a viewing, contact us today.