114-116 Bellarine HighwayNewcomb VIC 3219
Property Details for 114-116 Bellarine Hwy, Newcomb
Last Listing description (January 2026)
Colliers are proud to present 114-116 Bellarine Highway, Newcomb For Sale by Expression of Interest closing Wednesday 19 March 2025 at 2pm (AEDT).
This rare dual-income investment is underpinned by two well established businesses the Amazing Mill Markets and Bean Squeeze and presents an exceptional opportunity for investors seeking a secure, fully leased asset.
114-116 Bellarine Highway benefits from excellent exposure with over 29,000 cars passing daily^ and is surrounded by major brands including KFC, McDonald's, 7-Eleven, Woolworths, ALDI, Storage King, and Prestige Jayco.
The property is located only 4.7 kilometres* from the Geelong CBD and approximately 20km* from popular holiday destinations Point Lonsdale, Queenscliff, Ocean Grove and Barwon Heads.
Key Investment Highlights:
- Land Area: 7,461m²*
- Build Area: 2,080m²*
- Combined net income: $263,500pa* + GST + Outgoings with annual increases
- Both tenancies secured to 2028 with further options
- 49 metres street frontage to Bellarine Highway*
- 87 onsite carparks*
- Substantial solar system
- Zoned Commercial 2
For Sale by Expression of Interest closing Wednesday 19 March 2025 at 2pm (AEDT).
For further information or to arrange an inspection, please contact one of the below agents:
Ned Tansey on 0492 892 101
Chris Nanni on 0438 306 361
*Approximately.
^ Data sourced from the Department of Transport and Planning Open Data
Property History for 114-116 Bellarine Hwy, Newcomb, VIC 3219
- 22 Mar 2025Sold for $4,400,000
- 17 Feb 2025Listed for Sale EOI Closing Wednesday 19 March 2025 at 2pm (AEDT)
- 09 May 2019Transferred
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About Newcomb 3219
The size of Newcomb is approximately 3.6 square kilometres. There are 8 parks, covering nearly 2.1% of the total area. The population of Newcomb in 2016 was 4500 people. By 2021 the population was 4704 showing a population growth of 4.5% in the area during that time. The predominant age group in Newcomb is 20-29 years. Households in Newcomb are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Newcomb work in a community and personal service occupation.In 2021, 56.30% of the homes in Newcomb were owner-occupied compared with 59.00% in 2016.
Newcomb has 2,865 properties. Over the last 5 years, Houses in Newcomb have seen a 7.76% increase in median value, while Units have seen a 6.66% increase. As at 31 August 2026:
- The median value for Houses in Newcomb is $668,483 while the median value for Units is $489,170.
- Houses have a median rent of $485 while Units have a median rent of $413.
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