1 Tucker StreetBreakwater VIC 3219
Property Details for 1 Tucker St, Breakwater
Last Listing description (December 2025)
Positioned prominently within the thriving Breakwater industrial precinct, this outstanding property presents a rare opportunity to secure three functional industrial sheds on one substantial 1,716sqm approx. allotment. Offering strong holding income, flexible configuration and future development potential (STCA), this holding is a versatile asset suited to a range of investors and developers.
Each factory features approximately 228sqm of practical warehouse space complemented by carpeted mezzanine offices, kitchenette and toilet facilities, and secure rear yards with roller door access. Clean and well-maintained throughout, the improvements cater perfectly to a diverse mix of local trades and light industrial users.
Currently held under one title and fully leased to a variety of established tenants, the property provides immediate income security with the flexibility to occupy, lease individually, or explore subdivision potential in the future (STCA).
Situated in a high-profile location within minutes of the Geelong CBD, Geelong Port and the Ring Road, the site offers seamless connectivity between Geelong, Melbourne and the Bellarine Peninsula, an enviable position within one of Victoria's fastest-growing regional centers.
Photographed is Warehouse 2
- Three well-presented factories on 1,716sqm* site
- Approx. 228sqm* warehouse per tenancy plus mezzanine offices
- Secure rear yards and excellent vehicle access
- Prominent corner location in a tightly held industrial precinct
- Fully leased at a combined amount of $80,240 GST Inc*
- Wide scope of uses ensures consistently low vacancies and strong demand
- Industrial 2 Zone (IN2Z)
- Potential to subdivide (STCA) or occupy in the future
- Strategic position close to Geelong Port, CBD and major transport links
* All areas, dimensions and figures are approximate only and have been provided for general guidance. Interested parties should rely on their own enquiries and investigations to verify the accuracy of all information contained herein.
Property History for 1 Tucker St, Breakwater, VIC 3219
- 19 Nov 2025Listed for Sale $1,600,000 - $1,700,000
- 31 Mar 1997Sold for $30,000
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About Breakwater 3219
The size of Breakwater is approximately 3.1 square kilometres. It has 7 parks covering nearly 32.0% of total area. The population of Breakwater in 2016 was 1014 people. By 2021 the population was 1060 showing a population growth of 4.5% in the area during that time. The predominant age group in Breakwater is 20-29 years. Households in Breakwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Breakwater work in a community and personal service occupation.In 2021, 59.80% of the homes in Breakwater were owner-occupied compared with 60.80% in 2016.
Breakwater has 1,137 properties. Over the last 5 years, Houses in Breakwater have seen a 32.54% increase in median value, while Units have seen a 50.10% increase. As at 31 December 2025:
- The median value for Houses in Breakwater is $697,118 while the median value for Units is $577,846.
- Houses have a median rent of $450 while Units have a median rent of $375.
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