47 Mercer Street, Geelong, Vic 3220

SOLD | 4.8% Yield 

Darcy Jarman is pleased to offer 47 Mercer Street, Geelong for private sale. A high-quality, triple fronted standalone commercial investment leased to national allied health group, CPAP Direct.

Ideally positioned in the gateway to Geelong’s CBD, just moments from Geelong Train Station and the Waterfront, this low-maintenance asset delivers secure income and strong long-term potential in one of the city’s most tightly held precincts.

Key Investment Highlights:
• Leased to CPAC Direct, Australia's largest independent CPAP treatment provider
• Secure new 5-year lease, with 5-year option
• Income: $42,000 pa net plus gst and outgoings (comm. Feb 25')
• Prominent 283m2 triple fronted site with 40m of combined frontage
• Total building area: 165m2* with 6 car spaces
• Low maintenance freehold asset
• Flexible zoning & strong future potential
• Potential 50% stamp duty concessions 

Situated metres from the Geelong waterfront and the soon-to-be-completed Geelong Convention Centre, the property is perfectly positioned to capitalise on the city's vibrant atmosphere and growing economy.

The property is available for private sale.

To request information, please contact the below agents:
Andrew Prowse + 61 418 534 076
Tim Darcy + 61 418 522 523