1A/1B Separation Street, North Geelong, Vic 3215

Jellis Craig is pleased to present 1A & 1B Separation Street, a secure, tenanted investment in the well-established North Geelong precinct.

Leased to an established printing and copying business, the property currently returns $29,910.55 per annum (plus GST and outgoings) with a lease in place to November 2027 and two further three-year options through to 2033.

Offering approximately 200sqm of building on approximately 314sqm of land with remote gate access and on-site parking, it's a compelling option for investors seeking a low-maintenance income stream.

Property Highlights
● Approx. 200sqm building on approx. 314sqm of land
● Tenanted, current passing rent $29,910.55 pa + GST (net, tenant pays outgoings)
● Lease to 30 November 2027, plus 2 x 3-year options to 2033
● Annual CPI increases with market reviews in 2027 and 2030
● Remote gate access and on-site parking
● Industrial 1 zoned

The City of Greater Geelong is Victoria's second-largest city and its fastest-growing regional centre. Demand for well-located industrial property is expected to grow with it.

*Approximate.