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235 Ryrie St 28,223 SF 100% Leased Office Building Geelong, VIC 3220 For Sale
Investment Highlights
- Fully leased investment generating $980,415* net income per annum.
- Three-level refurbished office building totaling 2,622 sqm* plus 42 car parks.
- Strong location adjacent to Westfield, Market Square, and University Hospital.
- Highly appealing WALE of 4.844 years with quality tenant mix.
- Land area exceeds 1,400 sqm* with dual access.
- NABERS 4-star Energy and 4.5-star Water ratings.
Executive Summary
Premium three-level office investment located in the heart of Geelong’s medical and professional precinct. The property is fully leased to a strong mix of quality national and international tenants, reflecting a WALE of 4.844 years (approx.). Recently refurbished, the building comprises 2,622 sqm* of office space with 39 secure basement car parks and 3 on-grade car spaces. Currently generating a net income of $980,415* per annum. Positioned on a landholding of over 1,400 sqm* with dual access and excellent proximity to Westfield Geelong, Market Square, and University Hospital. NABERS ratings include 4-star for energy and 4.5-star for water.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
28,223 SF
Building Class
C
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,408 SF
Building FAR
1.77
Lot Size
0.37 AC
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235 Ryrie St
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