Local Laundry Lounge, 4C/364-368 Horseshoe Bend, Armstrong Creek, Vic 3217

Burgess Rawson are delighted to present to market the Local Laundry Lounge at 4C/364-368 Horseshoe Bend Armstrong Creek (Geelong) VIC for sale via Investment Portfolio Auction 177. 

The property has the following investment highlights:

+ New 7 year lease to April 2032, plus options to 2042.
+ Local Laundry Lounge: self-service laundromat with state-of-the-art machines open 19 hours a day, 7 days a week. 
+ Prime 77sqm* premises with a significant tenant funded fit-out. 
+ Attractive, fixed 4% annual rent increases, ensuring rental growth.
+ Tenant pays usual outgoings, excluding land tax.
+ New construction, providing significant tax saving depreciation benefits.
+ Situated in a booming growth location between Geelong and Torquay with population forecast to increase 70% to 28,315 by 2046.**
+ Strategic position amongst the Ashbury Estate (296 homes), future sporting precinct, primary school and in between major connectivity links to Geelong and the Surf Coast with Surf Coast Highway and Barwon Heads Road within 1.5km.*
+ Only 1.5km from the Armstrong Creek Town Centre, incorporating Coles, McDonald's, Carl's Jr, Red Rooster, KFC, Dan Murphy's and more.
+ Potential 50% Stamp Duty savings.
+ Armstrong Creek: high-growth suburb central to Geelong, the Bellarine and the Surf Coast. 
+ Net Income: $45,105 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 25 June 2025
Crown Casino, Melbourne

*Approx
**Forecast.id