407-413 Moorabool Street, South Geelong, Vic 3220

Darcy Jarman is excited to present 407-413 Moorabool Street, South Geelong, for sale by Expressions of Interest closing Thursday, 8 August, 2024, at 3pm (AEST).

This is a strategic opportunity to landbank a significant commercial parcel directly opposite GMHBA Stadium, with dual income from two of Moorabool Street’s longest-standing traders, with significant rental upside.

Featuring a commanding main road frontage of over 35m, the offering is perfect for those with a vision and understanding of what this pocket of Geelong is and will become.

Key Property Features:
• Substantial city fringe landholding of 1,432m²*
• Home to Darby's Paints & Mexicali Mama - both for over 25 years
• Combined income: $217,085 pa net
• Total building area of 876m²* with 20+ car spaces
• Strategically positioned within the "South Geelong Urban Design Framework Plan"
• A range of future development possibilities, including residential, hotel, serviced apartments, and more, with a potential height limit of 6 storeys^
• Geelong remains one of the fastest-growing cities in the nation, with a population expected to be 510,000 by 2050 (currently 280,000)

The location is just a few steps away from Geelong’s showroom precinct on Fyans Street and a short stroll to South Geelong Train Station.

*approx.
^ STPA & South Geelong UDF

To request information or arrange an inspection, please contact the below agents:

Tim Darcy + 61 418 522 523
Andrew Prowse +61 418 534 076