Located in EAST GEELONG S ever-popular Garden Street shopping precinct this fabulous retail space represents a great opportunity to invest in a prime location with a strong tenancy history. Operating as a popular caf this shop is approx. 84m2 of retail space on just over 200m2 of land with a secure 3 year lease plus 4 further terms of 3 years each remaining. Come in for a coffee, take a good look around you ll love what you see. This is a solid investment in a thriving local shopping centre giving you peace of mind. Enquire now!
East Geelong retail investment
84m2 retail space, 209m2 of land approx.
The size of East Geelong is approximately 3.4 square kilometres. It has 5 parks covering nearly 33.4% of total area. The population of East Geelong in 2011 was 3,859 people. By 2016 the population was 3,863 showing a population growth of 0.1% in the area during that time. The predominant age group in East Geelong is 50-59 years. Households in East Geelong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Geelong work in a professional occupation. In 2011, 67.7% of the homes in East Geelong were owner-occupied compared with 67.9% in 2016.
East Geelong has 2,096 properties. Over the last 5 years, Houses in East Geelong have seen a 28.36% increase in median value, while Units have seen a 9.69% increase. As at 31 October 2024:
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