2/33 Albert Street

Moolap VIC 3224

Dual Industrial Investment in Geelong's Growth CorridorBuy One or Secure Both Flexible Industrial OpportunityAvailable individually or as a combined holding, Units 1 & 2 / 33 Albert Street, Moolap present a rare opportunity to secure two side-by-side industrial warehouses in one of Geelong's tightly held industrial precincts.Positioned within a well-established industrial corridor just minutes from the Geelong CBD, Port of Geelong and Bellarine Peninsula, these properties offer functional warehousing, secure yard access and stable tenancy income - ideal for investors seeking diversified income streams or owner-occupiers planning for future expansion.The properties provide practical warehouse accommodation with mezzanine office/storage areas, secure gated access and ample on-site parking. The configuration allows flexibility for businesses seeking operational scale or investors wanting the ability to hold two separate income-producing assets.With Geelong continuing to experience strong economic expansion driven by population growth, infrastructure investment and increasing industrial demand, this offering represents a compelling opportunity to secure well-located industrial assets within a proven commercial market.Property Features Total building area of approx. 645m (310m + 335m) Combined land holding of approx. 966m Functional warehouse spaces with mezzanine office/storage 3-phase power and heating/cooling Kitchenette facilities and amenities in both units Secure electric gate access with on-site parking Flexible purchase available individually or as a packageTenancy DetailsUnit 1 33 Albert Street, Moolap Lease expiry: 31 October 2026 Further term: One (1) option of three (3) years Current rent: $50,562 p.a. (inc GST) GROSSUnit 2 33 Albert Street, Moolap Lease expiry: 12 August 2027 Further term: One (1) option of three (3) years Current rent: $52,029.60 p.a. (inc GST) GROSSStrategic LocationMoolap is a well-established industrial precinct within the Greater Geelong economic region, servicing manufacturing, trade, logistics and marine industries. The location benefits from close proximity to: Port of Geelong Victoria's second largest port Geelong CBD approx. 7 minutes Bellarine Highway / Portarlington Road key freight and commuter routes Rapidly expanding Bellarine Peninsula population catchmentGeelong continues to attract significant government and private investment, positioning the region as a major economic hub outside Melbourne with strong industrial demand and limited supply.