13-17 Industrial PlaceBreakwater VIC 3219
Property Details for 13-17 Industrial Pl, Breakwater
Last Listing description (September 2020)
Industrial: The most sought-after commercial property type**.
Secure net lease, renewed leased to July 2024 plus options.
Award winning tenant: Till Hino Sales and Service, a top dealer for Hino Trucks Australia, recently expanded to Ballarat.
Annual fixed, compounding 3.5% rent increases.
Significant 3,787 sqm* site with easy access.
Modern 1,931 sqm* high-clearance, clear-span warehouse.
High-activity industrial precinct, 3.5km* from Geelong CBD, with 0% vacancy rate above 500 sqm** and over 100 new warehouses/factory units recently completed or under construction.
The Breakwater Estate supports 2,747 jobs***** with major employers including Bunnings Trade, CSR, Coles Group, Steggles (La Ionca) Chicken, Mainfreight and Barwon Water, all within 750 metres*.
Greater Geelong: One of Australias fastest growing regions, forecast to add 129,936 new residents by 2041*****.
Estimated Net Rent: $187,057 pa.
Strategic essential service investment.
*Approximately
*****
***ownerdriver.com.au
****The Age
*****Remplan
******.id
Portfolio Auction 139
11am (AEST) Wednesday 23 September
Property History for 13-17 Industrial Pl, Breakwater, VIC 3219
- 23 Sep 2020Sold for $2,875,500
- 14 Aug 2020Listed for Sale Price on Request
- 04 May 2018Listed for Sale Contact Agent
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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 1,129 properties. Over the last 5 years, Houses in Breakwater have seen a 23.85% increase in median value, while Units have seen a 19.07% increase. As at 30 April 2026:
- The median value for Houses in Breakwater is $729,567 while the median value for Units is $532,818.
- Houses have a median rent of $450 while Units have a median rent of $450.
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