For Sale

  • 35-37 Walsgott Street
  • North Geelong VIC
  • 645sqm
  • 263sqm
  • Commercial 1 Zone

$950,000

35-37 Walsgott Street, North Geelong VIC

Close

  • 35-37 Walsgott Street
  • North Geelong VIC
  • 645sqm
  • 263sqm
  • Commercial 1 Zone

$950,000

Income-Generating Development Opportunity

  • Fully tenanted
  • Commercial 1 Zoning
  • Strong development potential (STCA)
  • Gartland are pleased to offer for lease a significant development opportunity (STCA) at 35-37 Walsgott Street, North Geelong.

    With strong success demonstrated by the neighbouring development, this site presents an excellent opportunity for the astute developer to capitalise on the ongoing growth and revitalisation of North Geelong. Positioned close to shopping amenities, public transport and the Geelong CBD, mixed-use developments in this area have consistently achieved strong outcomes.

    The adjoining property was recently redeveloped into four (4) townhouses and two (2) commercial tenancies, completed in late 2025, and is delivering a substantial return for the owner. This site mirrors that development, providing a clear precedent for a high-quality mixed-use project.

    Currently leased to both commercial and residential tenants, the property provides reliable holding income:

  • Commercial tenancy - $26,000 pa + GST + outgoings
  • Residential tenancy - $23,400 pa
  • Key Property Features

  • Building area: 263sqm*
  • Land area: 645sqm*
  • Commercial 1 Zone
  • Dual-fronted commercial tenancy
  • Strong holding income while future development plans are considered
  • For further information or to arrange an inspection, contact us today.

    *Approximately

    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
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