29 Ryrie Street, Geelong, VIC 3220

Address: 29 Ryrie Street, Geelong, VIC 3220

Land Size: 502m2 (approx.)

Zoning: Activity Centre Zone - Schedule 1

Sale Type: Private Sale


Redevelop, Invest or Occupy

$1,400,000 to $1,450,000

  • Centrally located in the CBD

  • Hold as an investment and land bank

  • Vendor is prepared to demolish building

Zoned Activity Centre, this property offers many exciting options on this 501m2 (approx.) allotment. Centrally located in the CBD it is a short walk to Geelong Station, Gordon TAFE, Geelong waterfront, and the medical precinct.

Option 1 – Redevelop a retail/ office/ and/ or residential building (STCA) whilst enjoying rental of $70,000 per annum plus GST plus outgoings.

Option 2 – Hold as an investment and land bank for the future. The owner occupier is prepared to enter into a lease on flexible terms that may suit the purchaser reflecting the rental shown above.

Option 3 – Vacant land. The vendor is prepared to demolish the building should that be attractive and provide a “blank canvas”.

Option 4 – Occupy the building and continue the current use as a hair salon (99m2) approx. and utilise the 6 treatment rooms as a beauty treatment clinic, or repurpose the existing building for other uses (STCA). The vendor would also sell the business on a WIWO basis to the freehold purchaser and would be prepared to be retained for a 12 month handover period.

This high profile location provides aa sound foundation for myriad of future uses


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