110 Heales Road, Lara, Vic 3212

CBRE Geelong is proud to be offering 110 Heales Road, Lara for sale via Expressions of Interest closing Thursday 5th September 2024 at 3pm (AEST).

Positioned in one of Geelong’s biggest industrial precincts neighbouring quality local and international companies, this property is suitable to developers, investors and owner occupiers.
Capitalise on the significant site area and vacant land available for immediate development, enhanced by a secure income stream and proximity to demand drivers via the Princes Hwy & Ring Road, Avalon Airport, Geelong Port & CBD.

+ Site area: 8ha* (80,000sqm)
+ Vacant land immediately available 4ha* (40,000sqm*)
+ Industrial Zone 2 (IN2Z)
+ Suitable for large scale development (STCA) with the benefit of secure holding income
+ One of the last significant lots of this size available for purchase in the area
+ Minutes to the Ring Rd & Princes Hwy                                           
+ 35-40 mins* to the heart of Melbourne’s Industrial West
+ Current income of $270,500pa* net with full market rent review in 2 years + 5 year option
+ Securely leased existing buildings of 4,250sqm* to AP Colorants/DuroColour, Australasia’s largest supplier of colorants to the packing industry, wholly owned by US private equity giant
+ 15 mins* to Geelong CBD
+ 12 mins* to Avalon Airport

For further information, please contact the listed agents.

*Approx.