FOR SALE
$3,800,000 to $4,180,000

18-20 Hancock & 17 Clifton Springs Road
Drysdale VIC 3222

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 954m2
Land area: 1016m2
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Arguably the heart of the Drysdale community, with its many retail shops and opposite Woolworths there is a large volume of vehicle and foot traffic in the immediate area.
The large corner block of approximately 1,016m2 combines 2 titles, one of 576m2, the 440m2 (approximately), is divided into individual shops of varying sizes with a total floor space in the order of 954m2. Mixed tenancies that have provided a good return on investment in past years with continued interest in the area providing ample opportunities for new businesses and services to capitalise on this growing marketplace. This unique corner site opposite Woolworths supermarket offers the investor a diversity in leasing options and the potential to maximise the sites in the future. Drysdale, on the Bellarine Peninsula, is just 20 km from Geelong making it popular with commuters and a seasonal tourist destination.
Drysdale Area
Not long-ago Drysdale was a quiet rural township located on Port Phillip Bay midway between Geelong and the resort town of Queenscliff. Today it is a busy township just a short distance from Geelong that offers a seaside alternative to living in a busy city. The township has proved popular with commuters and has a large central shopping district, a Primary school and Secondary College with Deakin University Geelong campus easily accessed by car and bus. Popular with middle-aged Australians the local area boasts a golf course and other sports facilities for residents and holiday makers alike enjoying easy access to popular surf beaches, historic sites, and the Great Ocean Road.
It includes a terminal station of the famous Bellarine Peninsular Railway which offers tourists a hint of the past with it scenic route through the countryside.

Property Details for 18-20 Hancock & 17 Clifton Springs Road, Drysdale

Building Type
Commercial
Floor Size
954m2
Land Size
1016m2

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About Drysdale 3222

The size of Drysdale is approximately 40.1 square kilometres. It has 13 parks covering nearly 2% of total area. The population of Drysdale in 2011 was 4,316 people. By 2016 the population was 4,272 showing a population decline of 1.0% in the area during that time. The predominant age group in Drysdale is 60-69 years. Households in Drysdale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Drysdale work in a professional occupation. In 2011, 82.8% of the homes in Drysdale were owner-occupied compared with 81.4% in 2016.

Drysdale has 3,281 properties. Over the last 5 years, Houses in Drysdale have seen a 22.80% increase in median value, while Units have seen a 18.45% increase. As at 30 November 2024:

  • The median value for Houses in Drysdale is $735,699 while the median value for Units is $508,064.
  • Houses have a median rent of $498 while Units have a median rent of $420.
There are currently 20 properties listed for sale, and 2 properties listed for rent in Drysdale on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in Drysdale.

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