Go Commercial with this Office Complex - $890000

Description

Enter the commercial investment property market with a valuable complex in a superb location at 58 Church Street, Geelong West. Located just minutes from central Geelong, the property is conveniently situated on two street frontages, Church Street to the South and Craddock Street to the West. It is easily accessible from La Trobe Terrace and to major arterials, including the Princess and Midland highways. The northern end of Pakington Street is about 150m away. Set on a 993sqm allotment, the property consists of 780sqm of offices, reception area, kitchenette and male and female amenities. A large showroom is currently partitioned into office areas, while a rear loading bay has roller door access form Craddock Street and offers storage, loading facilities and car parking. Further car spaces are available in the Church Street entrance with security fencing and gates. The property is currently leased to Barwon Health as office and storage accommodation. It has an annual rental of $68,630 plus GST and outgoings. The property is zoned Residential 1 and pre-existing use applies. It has a previously issued planning permit allowing use of part of the existing buildings as offices.