Ocean Grove
VIC
3226
High Profile Potential in a Premier Industrial Hub
For Sale Contact Agent
Located in Ocean Grove’s tightly held industrial precinct and benefitting from strong passing trade, this high-profile property on a fantastic 935sqm (approx.) allotment comes leased to a well-established tenant, presenting a rare opportunity to acquire a secure and high-potential commercial asset.
A substantial building area of 580sqm (approx.) is spread across a largely clear span warehouse space, boasting a generous 33m frontage along the prominent Marine Parade. There are common facilities available within its single level layout, including bathroom, kitchenette, office, and storage facilities.
The current, well-established tenant provides an annual income of $91,000 per annum (approx.) ensuring this premium commercial opportunity is an incredibly appealing offering for the savvy investor.
Moreover, the location offers high visibility and accessibility ensuring steady passing traffic, as well as on-site parking for multiple vehicles, and secure cyclone fencing.
With its strategic location, commanding street frontage, and reliable income returns, the property provides a rare opportunity to enter into one of the Bellarine’s most prestigious and established industrial hubs, nearby to industry heavyweights including Reece, McDonalds, Woolworths, Dan Murphy’s, and Aldi.
Whether you’re an experienced investor looking to diversify your holdings, or a budding businessperson seeking a stable and established rental income, this property provides the ideal foundation for success.