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Ormond Village 136-146 Ormond Road, East Geelong, VIC, 3219
East Geelong
Ormond Village 136-146 Ormond Road, East Geelong, VIC, 3219
East Geelong
CBRE, with Advise Transact acting as Transaction Manager, is offering for sale Ormond Village - 136-146 Ormond Road, Thomson (East Geelong).
Flexible settlement terms up to 12 months with a 10% deposit are available.
The property is positioned in what is simply one of Victoria's highest growth catchments, benefitting from immediate proximity to valuable public transport, retail & healthcare amenities, in addition to major private and government developments nearby.
Key details of the opportunity include:
+ The 100% leased, freehold property comprises six ground floor retail tenancies and four residential dwellings, positioned on an imposing 2,256sqm* landholding
+ The Commercial 1 Zone site benefits from high exposure street frontages of 73 metres* to Ormond Road and The Walk, with over 24,000* vehicles passing daily
+ The property is fully leased and has benefited from a historically low vacancy rate, fuelled by consistent tenant demand across the retail and residential tenancies. The long-standing tenants provide stable income and strong alignment with local demand in this established East Geelong retail area
+ Ormond Village provides a rare level of strategic flexibility and enhanced exit potential due to being subdivided into 15 individual titles, providing the unique ability to sell off individual units and offers a powerful exit strategy
+ Net income of $310,323* per annum
+ Ormond Road (Bellarine Highway) represents one of The Bellarine Peninsula's most important thoroughfares that connects central Geelong to Queenscliff
+ Each retail tenancy and residential dwelling has been subdivided into separate certificates of title, allowing for a variety of exit strategies, or an opportunity to add-value via an enhanced leasing strategy
+ The flexible zoning and expansive landholding provides genuine development upside given the scale of the site and the multitude of end uses to be incorporated into a future project, such as medical, childcare, retail and residential outcomes (STCA)
+ Geelong is the second largest city in Victoria and one of the state's most rapidly expanding regions, with a 28%* increase in population expected between 2024 to 2034
+ Potential 50% stamp duty savings may be available
Ormond Village is for sale via expressions of interest closing Wednesday 8th October at 2pm (AEDT)
Please contact CBRE for more information and to organise an inspection of the property.
Scott Hawthorne
+61 400 861 048
Nathan Mufale
+61 421 224 354
Alex Brierley
+61 447 974 447
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
[email protected] (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Transaction Manager: Advise Transact
Remember to mention you found this property on CommercialReady
CBRE, with Advise Transact acting as Transaction Manager, is offering for sale Ormond Village - 136-146 Ormond Road, Thomson (East Geelong).
Flexible settlement terms up to 12 months with a 10% deposit are available.
The property is positioned in what is simply one of Victoria's highest growth catchments, benefitting from immediate proximity to valuable public transport, retail & healthcare amenities, in addition to major private and government developments nearby.
Key details of the opportunity include:
+ The 100% leased, freehold property comprises six ground floor retail tenancies and four residential dwellings, positioned on an imposing 2,256sqm* landholding
+ The Commercial 1 Zone site benefits from high exposure street frontages of 73 metres* to Ormond Road and The Walk, with over 24,000* vehicles passing daily
+ The property is fully leased and has benefited from a historically low vacancy rate, fuelled by consistent tenant demand across the retail and residential tenancies. The long-standing tenants provide stable income and strong alignment with local demand in this established East Geelong retail area
+ Ormond Village provides a rare level of strategic flexibility and enhanced exit potential due to being subdivided into 15 individual titles, providing the unique ability to sell off individual units and offers a powerful exit strategy
+ Net income of $310,323* per annum
+ Ormond Road (Bellarine Highway) represents one of The Bellarine Peninsula's most important thoroughfares that connects central Geelong to Queenscliff
+ Each retail tenancy and residential dwelling has been subdivided into separate certificates of title, allowing for a variety of exit strategies, or an opportunity to add-value via an enhanced leasing strategy
+ The flexible zoning and expansive landholding provides genuine development upside given the scale of the site and the multitude of end uses to be incorporated into a future project, such as medical, childcare, retail and residential outcomes (STCA)
+ Geelong is the second largest city in Victoria and one of the state's most rapidly expanding regions, with a 28%* increase in population expected between 2024 to 2034
+ Potential 50% stamp duty savings may be available
Ormond Village is for sale via expressions of interest closing Wednesday 8th October at 2pm (AEDT)
Please contact CBRE for more information and to organise an inspection of the property.
Scott Hawthorne
+61 400 861 048
Nathan Mufale
+61 421 224 354
Alex Brierley
+61 447 974 447
CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
[email protected] (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Transaction Manager: Advise Transact
Remember to mention you found this property on CommercialReady
Ormond Village 136-146 Ormond Road, East Geelong, VIC, 3219
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
