Expression of Interest Closing 3pm, Thursday the 4th of December.

Key Details

• Land Area: 1,987sqm*

• Building Area: 1,005sqm*

• Zoning: Industrial 2 Zone (IN2Z)

• Tenure: Offered as a Going Concern

Gartland is pleased to offer for sale 21-23 Cowie Street, North Geelong, a substantial industrial holding positioned in one of Geelong's most dynamic industrial and commercial precincts.

This opportunity provides flexibility for investors and developers alike, with a long-standing tenant in place delivering a secure income stream, while the large landholding presents significant future development potential.

Property Features

• 310 Amps - 3 Phase Power

• Maximum Internal Clearance: 5m*

• Three High Bay Roller Doors (4m high x 3.6m wide)

• Office and Staff Amenities

• Potential to Separate Tenancies (STCA)

Strategically located just 250m from the Princes Highway, the property benefits from seamless access to major arterial routes, ensuring excellent logistics and connectivity for current and future occupiers.

Approximate Travel Times:

• Melbourne - 60 minutes*

• Surf Coast - 30 minutes*

• Geelong CBD - 9 minutes*

Tenancy Details

• Tenant: JR Production Engineering

• Annual Rent: $75,888 + GST + Outgoings

• Term: 3 + 3 years

• Lease Commencement: 1st October 2024

• Next Market Review: 1st October 2027

• Annual Increases: CPI

• Tenant Occupation: Over 40 years continuous

For further information or to arrange an inspection, contact the Gartland Commercial team today.

*Approximately