Colliers International are excited to offer for sale 5 and 7-9 Ryan Place South.
Situated in the Geelong CBD, this fully leased office investment has recently undergone a full refurbishment that incorporates the original redbrick warehouse with a modern, functional office.
5 and 7-9 Ryan Place is securely leased to The Roman Catholic Trust Corporation on a brand new 5 year lease with a further option of 5 years. Returning $160,000 pa and the tenant paying all applicable outgoings, this is a solid investment.
This ideally situated office space is within walking distance to Westfield Geelong, St John of God Hospital and University Hospital, as well as new quality CBD developments such as WorkSafe and NDIS’s new headquarters.
Location wise, this office space is perfectly positioned within the CBD and gives the potential for further development in the future (STCA)
- Brand new 5 year lease to the Roman Catholic Trust Corporation
- Returning $160,000 pa
- Office area of 680 square metres*
- Total land area of 904 square metres* across 2 titles
- Onsite parking for 10 cars
- Recently refurbished
- Central location
- Open plan office areas with board room, meeting room and staff amenities within
- Zoned Activity Centre
- Disabled access
For Sale: $2,670,000 representing a yield of 6%
Please contact Colliers International agents Andrew Lewis on 0418 508 908, Jonathon Lumsden on 0402 213 572 or Sam Neale on 0438 480 266 for further details
29 Apr 2019
5-9 Ryan Place, GEELONG VIC 3220, AUSTRALIA