Metricon, 158 Fyans Street, South Geelong, VIC, 3220

Darcy Jarman is thrilled to offer Metricon, 158 Fyans Street, South Geelong for sale via Expression of Interest closing Tuesday 2 December at 3pm.

A premium investment, leased to an industry-leading tenant, this ultra-modern, purpose-built showroom office presents in pristine, as-new condition.

Featuring a secure lease to Metricon Homes, Australia's number 1 builder, this exceptional asset features a secure lease with attractive annual rent increases and is superbly positioned in South Geelong's fast-growing commercial precinct, just minutes from the Geelong CBD.

Key Property Features:

• Trophy investment, securely leased to industry leading tenant in the booming construction field

• Lessee: Metricon Homes Pty Ltd, now in partnership with Japanese giant Sumitomo Forestry

• Income: $397,673* + GST + Outgoings, with fixed 3.5% annual increases

• 8-year lease to 2029, with options to 2045

• State-of-the-art, 1,267m² showroom office

• 50-dedicated car spaces plus visitor parking

• Over 37m of main road frontage

• 50% regional stamp duty concession

• Constructed in 2021 offering significant depreciation benefits

• Positioned in a major showroom precinct, neighbouring Little Creatures Brewery

Over the past decade, Greater Geelong has experienced extraordinary growth, now recognised as Victoria’s fastest-growing region and Australia’s second overall. As Victoria’s second-largest city, Geelong is forecast to expand its population by a further 47.5% by 2046, underpinned by the strongest jobs growth of any regional city nationwide.

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

Andrew Prowse +61 418 534 076

Tim Darcy + 61 418 522 523

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