New 5 year Lease To The Wellness Studio
Further terms of 5X5X5
Lease Commencement: 28th of November 2024
Gartland are delighted to offer this immaculate fully leased freehold investment at 11/17-19 Stephen Street, Belmont For Sale via Private Sale method.
Key attributes include:
5 + 5 + 5 + 5 lease from 28th November 2024 to The Wellness Studio which provide a range of services to improve your Health & Wellbeing making you feel refreshed & rejuvenated and ready to tackle the World.
Returning $33,090.10 Per annum plus GST + Outgoings with CPI annual increases and Market review at option
The property is conveniently located in a boutique shopping strip which includes several stand out businesses.
You are extremely well serviced by the Belmont residential area stretching all the way to Waurn Ponds
Don't miss out on this rare chance to secure a tightly held Commercial 1 Zoned freehold in one of Geelong's most rapidly expanding residential areas. With a new secure lease in place until 2044, this property is tenanted by a well-known and trusted business, ensuring long-term stability and consistent rental income.
Zoning: Commercial 1 Zone
Building Area: 89sqm*
Land Area: 248sqm*
Whether you're looking to grow your portfolio or secure your first commercial investment, this is an opportunity that shouldn't be overlooked.
The size of Belmont is approximately 9.2 square kilometres. It has 31 parks covering nearly 24.7% of total area. The population of Belmont in 2016 was 14054 people. By 2021 the population was 15066 showing a population growth of 7.2% in the area during that time. The predominant age group in Belmont is 20-29 years. Households in Belmont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation.In 2021, 62.80% of the homes in Belmont were owner-occupied compared with 64.50% in 2016.
Belmont has 8,217 properties. Over the last 5 years, Houses in Belmont have seen a 27.42% increase in median value, while Units have seen a 23.08% increase. As at 31 December 2025:
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