73-77 Tucker StreetBreakwater VIC 3219
Property Details for 73-77 Tucker St, Breakwater
Last Listing description (November 2022)
Colliers in conjunction with Wilson Real Estate are excited to present For Sale by Expression of Interest closing 4 November at 2pm (AESDT) 73-77 Tucker Street, Breakwater.
This is a truly unique opportunity to purchase in a high-profile location, with long-term redevelopment potential and excellent tenants already in place. Situated in a convenient and accessible location, with easy access to major arterial's and the Geelong CBD. A highly exposed position with significant frontage to Tucker Street, Breakwaters
main thoroughfare.
Key features include:
High profile location
Excellent tenants in place
Convenient and accessible location, within in 5 kilometres* from Geelong CBD
Over 80 metres* of frontage to Tucker Street
Current lease is a 5-year term with options to December 2030
Current rent of $180,402.48 per annum + GST + Outgoings
Total Building area of 3,850 square metres*
Long term development opportunity
For more information please contact Colliers agents Ben Young on 0407 296 679 and Chris Nanni on 0438 306 361 or Wilson Real Estate agent James Wilson on 0414 898 545
*Approx
Property History for 73-77 Tucker St, Breakwater, VIC 3219
- 11 Nov 2022Sold for $4,000,000
- 29 Sep 2022Listed for Sale Please contact agent
- 21 May 2015Listed for Rent - Price not available
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0About 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 1,117 properties. Over the last 5 years, Houses in Breakwater have seen a 28.22% increase in median value, while Units have seen a 7.06% increase. As at 30 November 2024:
- The median value for Houses in Breakwater is $627,978 while the median value for Units is $427,030.
- Houses have a median rent of $430 while Units have a median rent of $375.
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