25-27 Sinclair Street, Ocean Grove.
Prime Industrial Investment with Secure Tenant.
The Feel:
Secure a foothold in Ocean Grove's established industrial precinct with this dependable commercial holding, leased to a long-term tenant and delivering immediate, set-and-forget income. Meerkat Manor/Warrior Academy is leased until late-2027 with two 5-year options, while its 1,000sqm (approx.) allotment includes on-site parking, café facilities, and strong surrounding trade, supported by a flexible Commercial 2 Zone. With excellent connectivity to Grubb Road and ongoing demand for industrial holdings, it presents a reliable, low-maintenance commercial asset in a tightly-held precinct.
The Facts:
-High-quality commercial building of 525sqm (approx.) on a 1,000sqm (approx.) site
-Long-term tenant, Meerkat Manor/Warrior Academy, operating from the site for over 10 years
-Existing lease until late-2027 with two 5-year options
-Currently returning $67,188 p.a. + GST + outgoings
-Flexible Commercial 2 Zone (C2Z), offering flexibility for a wide range of uses
-Building includes on-site café with kitchen
-Multiple bathrooms are among the common facilities, including an accessible toilet & changeroom
-The building is fully air-conditioned for seasonal comfort
-On-site parking for 14 vehicles + secure cyclone fencing
-Extremely well connected with easy access to Grubb Road
-Surrounded by an array of retail & industrial businesses
-An outstanding opportunity to secure a premium investment in a thriving commercial precinct
*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
Secure a foothold in Ocean Grove's established industrial precinct with this dependable commercial holding, leased to a long-term tenant and delivering immediate, set-and-forget income. Meerkat Manor/Warrior Academy is leased until late-2027 with two 5-year options, while its 1,000sqm (approx.) allotment includes on-site parking, café facilities, and strong surrounding trade, supported by a flexible Commercial 2 Zone. With excellent connectivity to Grubb Road and ongoing demand for industrial holdings, it presents a reliable, low-maintenance commercial asset in a tightly-held precinct.
The Facts:
-High-quality commercial building of 525sqm (approx.) on a 1,000sqm (approx.) site
-Long-term tenant, Meerkat Manor/Warrior Academy, operating from the site for over 10 years
-Existing lease until late-2027 with two 5-year options
-Currently returning $67,188 p.a. + GST + outgoings
-Flexible Commercial 2 Zone (C2Z), offering flexibility for a wide range of uses
-Building includes on-site café with kitchen
-Multiple bathrooms are among the common facilities, including an accessible toilet & changeroom
-The building is fully air-conditioned for seasonal comfort
-On-site parking for 14 vehicles + secure cyclone fencing
-Extremely well connected with easy access to Grubb Road
-Surrounded by an array of retail & industrial businesses
-An outstanding opportunity to secure a premium investment in a thriving commercial precinct
*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
- 14
Sold
$ 1,325,000
Senior Sales Consultant & Licensed Estate Agent
Sold
25-27 Sinclair Street
$ 1,325,000
- 14
- 525 sqm