Asking Price Contact for pricing
Area Size
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
Area Size
NOI Net Operating Income
Cap Rate N/A

Key facts

Building Area Gross

Property description

JLL Retail Investments is pleased to offer for sale Foodbiz Geelong. A rare opportunity to acquire a long leased essential service investment, located in Australia's fastest growing non-capital city.

Investment highlights

Investment Highlights:

  • Securely leased until October 2027, with 4 x 5 year options.
  • High-profile corner site situated on Bellarine Highway, with 34,000 passing vehicles a day.
  • Located in Melbourne's second largest and Australia's fastest growing non-capital city, Geelong.
  • Fixed annual rent reviews of 2.25%, providing guaranteed income growth.
  • Net Income of $154,445 p.a.

Foodbiz Geelong is for sale by Expressions of Interest closing 4.00pm (AEDT) Thursday 9th December 2021.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents below.

Mark Stafford

0404 401 053

David Mahood

0406 134 232

Last Updated Date: 16 Nov 2021

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Last Updated Date: 16 Nov 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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