142 Victoria StreetNorth Geelong VIC 3215
Property Details for 142 Victoria St, North Geelong
Last Listing description (July 2024)
Offering a brilliant Freehold opportunity with a great tenant situated in arguably one of Geelong best commercial precincts that is close to Melbourne Road and only minutes to Geelong CBD.
This sought after location comes with:
- Land area: 2396m2 (approx.)
- Approx. 200m2 of lean-to area for additional coverage
- Massive open reception area
- 5 x offices plus a large store room
- Large roller doors for easy clearance access
- Lunchroom and toilet amenities
- Currently leased to April 2025
- Zoned - Industrial 1
Take advantage of the Victorian Stamp Duty savings for commercial properties in regional Victoria while it lasts.
Expressions Of Interest by Thursday 28th March 2024 @ 5pm.
Property History for 142 Victoria St, North Geelong, VIC 3215
- 17 May 2024Sold for $2,075,000
- 28 Feb 2024Listed for Sale $2,075,000
- 14 Apr 2020Listed for Rent $84,000 / year
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0About North Geelong 3215
The size of North Geelong is approximately 5 square kilometres. It has 12 parks covering nearly 16.5% of total area. The population of North Geelong in 2011 was 2,395 people. By 2016 the population was 2,983 showing a population growth of 24.6% in the area during that time. The predominant age group in North Geelong is 30-39 years. Households in North Geelong are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Geelong work in a professional occupation. In 2011, 63.5% of the homes in North Geelong were owner-occupied compared with 53% in 2016.
North Geelong has 2,345 properties. Over the last 5 years, Houses in North Geelong have seen a 40.00% increase in median value, while Units have seen a 32.91% increase. As at 31 October 2024:
- The median value for Houses in North Geelong is $715,779 while the median value for Units is $474,338.
- Houses have a median rent of $450 while Units have a median rent of $410.
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