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83 Tucker St 7,718 SF 100% Leased Industrial Building Breakwater, VIC 3219 $1,192,448 ($154.51/SF) 4.72% Cap Rate



Investment Highlights
- Minutes away from the Geelong CBD, Geelong Port and the Ring Road
- Steady and immediate income for the new owner
- Nearby amenities include a gym and bakery
Executive Summary
Positioned prominently within the thriving Breakwater industrial precinct, this outstanding property presents a rare opportunity to secure three functional industrial sheds on one substantial 1,716sqm approx. allotment. Offering strong holding income, flexible configuration and future development potential (STCA), this holding is a versatile asset suited to a range of investors and developers.
Each factory features approximately 228sqm of practical warehouse space complemented by carpeted mezzanine offices, kitchenette and toilet facilities, and secure rear yards with roller door access. Clean and well-maintained throughout, the improvements cater perfectly to a diverse mix of local trades and light industrial users.
Currently held under one title and fully leased to a variety of established tenants, the property provides immediate income security with the flexibility to occupy, lease individually, or explore subdivision potential in the future (STCA).
Situated in a high-profile location within minutes of the Geelong CBD, Geelong Port and the Ring Road, the site offers seamless connectivity between Geelong, Melbourne and the Bellarine Peninsula, an enviable position within one of Victoria's fastest-growing regional centers.
Three well-presented factories on 1,716sqm* site
Approx. 228sqm* warehouse per tenancy plus mezzanine offices
Secure rear yards and excellent vehicle access
Prominent corner location in a tightly held industrial precinct
Fully leased at a combined amount of $80,240 GST Inc*
Wide scope of uses ensures consistently low vacancies and strong demand
Industrial 2 Zone (IN2Z)
Potential to subdivide (STCA) or occupy in the future
Strategic position close to Geelong Port, CBD and major transport links
All areas, dimensions and figures are approximate only and have been provided for general guidance. Interested parties should rely on their own enquiries and investigations to verify the accuracy of all information contained herein.
Each factory features approximately 228sqm of practical warehouse space complemented by carpeted mezzanine offices, kitchenette and toilet facilities, and secure rear yards with roller door access. Clean and well-maintained throughout, the improvements cater perfectly to a diverse mix of local trades and light industrial users.
Currently held under one title and fully leased to a variety of established tenants, the property provides immediate income security with the flexibility to occupy, lease individually, or explore subdivision potential in the future (STCA).
Situated in a high-profile location within minutes of the Geelong CBD, Geelong Port and the Ring Road, the site offers seamless connectivity between Geelong, Melbourne and the Bellarine Peninsula, an enviable position within one of Victoria's fastest-growing regional centers.
Three well-presented factories on 1,716sqm* site
Approx. 228sqm* warehouse per tenancy plus mezzanine offices
Secure rear yards and excellent vehicle access
Prominent corner location in a tightly held industrial precinct
Fully leased at a combined amount of $80,240 GST Inc*
Wide scope of uses ensures consistently low vacancies and strong demand
Industrial 2 Zone (IN2Z)
Potential to subdivide (STCA) or occupy in the future
Strategic position close to Geelong Port, CBD and major transport links
All areas, dimensions and figures are approximate only and have been provided for general guidance. Interested parties should rely on their own enquiries and investigations to verify the accuracy of all information contained herein.
Property Facts
Amenities
- Mezzanine
- Security System
- Signage
- Skylights
- Yard
- Automatic Blinds
- Storage Space
- Perimeter Security Fence
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83 Tucker St
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