OFF MARKET

112-114 Tanner Street
Breakwater VIC 3219

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4462m2
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Property Details for 112-114 Tanner St, Breakwater

Building Type
Land
Land Size
4462m2
Local Government
Greater Geelong
Lot/Plan
2/PS711123

Last Listing description (April 2019)

Breakwater location 4,465m2 approx. industrial land
Twin warehouses 225m2 each 450m2 approx. in total
Close to CBD and major transport routes

Development potential, variety of potential uses (S.T.C.A)
Zoned Industrial 2
This conveniently located 4,465m2 approx. industrial block with 450m2 approx. industrial warehousing is a rare opportunity to secure a large parcel in a tightly held precinct. Situated close to major transport routes in Breakwater this property offers room to move with plenty of options for expansion of the existing facility. Twin 225m2 warehouses, one with sliding door and one with open bay, have ample power, good height and direct street access. Call now for inspection.

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Property History for 112-114 Tanner St, Breakwater, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$925,000
26 Apr 2019
Listed for Rent
$45k/w
09 Sep 2019
  • 26 Apr 2019
    Sold for $925,000
  • 20 Jan 2018
    Listed for Sale Not Disclosed

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About Breakwater 3219

The size of Breakwater is approximately 3.1 square kilometres. It has 7 parks covering nearly 32% of total area. The population of Breakwater in 2011 was 1,059 people. By 2016 the population was 1,030 showing a population decline of 2.7% in the area during that time. The predominant age group in Breakwater is 20-29 years. Households in Breakwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Breakwater work in a trades occupation. In 2011, 62.4% of the homes in Breakwater were owner-occupied compared with 60.8% in 2016.

Breakwater has 1,098 properties. Over the last 5 years, Houses in Breakwater have seen a 30.90% increase in median value, while Units have seen a 14.20% increase. As at 30 September 2024:

  • The median value for Houses in Breakwater is $618,376 while the median value for Units is $430,826.
  • Houses have a median rent of $430 while Units have a median rent of $375.
There are currently no properties listed for sale, and 1 property listed for rent in Breakwater on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Breakwater.

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