404-406 Latrobe Terrace, Newtown, Vic 3220

Gartland are excited to present 404 -406 Latrobe Terrace Newtown to the the market via Private Sale.

On sale is a freehold investment with two tenancies with end of leases being 27/03/2027

• Tenancy 1- 404: Buzztech: $13,938.88 + GST net
• Tenancy 2: 406: Geelong Fish n Chips: $26,570.05 + GST Net
• Combined: $40,508.93 + GST Net

Outstanding opportunity to secure this potential development site with high exposure.
Income holding while you organise plans & permits.

• Location is directly opposite Kardina Park and the Home of Geelong Football Club
• Situated corner of Russell St & Latrobe Terrace Newtown
• Land size: 15m X 24m = 371 sqm approx
• Zoning Residential Growth Zone 1.
• Short walk to Kardinia Park and Barwon River.
• Close to cosmopolitan Pakington Street shopping strip.
• Zoning: Residential Growth Schedule 1