Gartland is excited to present 404-406 Latrobe Terrace, Newtown to the market via Private Sale, an opportunity to secure a high-exposure freehold investment with strong holding income and future development potential.

Currently comprising two tenancies with leases ending 27 March 2027, the property offers a combined net income of $40,508.93 + GST, providing immediate returns while you prepare plans and permits for redevelopment.

• Tenancy 1- 404: Buzztech: $13,938.88 + GST net

• Tenancy 2: 406: Geelong Fish n Chips: $26,570.05 + GST Net

• Combined: $40,508.93 + GST Net

Outstanding opportunity to secure this potential development site with high exposure.

Income holding while you organise plans & permits.

• Location is directly opposite Kardina Park and the Home of Geelong Football Club

• Situated corner of Russell St & Latrobe Terrace Newtown

• Land size: 15m X 24m = 371 sqm approx

• Zoning Residential Growth Zone 1.

• Short walk to Kardinia Park and Barwon River.

• Close to cosmopolitan Pakington Street shopping strip.

• Zoning: Residential Growth Schedule 1