Expression of Interest Closing 3pm, Thursday the 4th of December.
Key Details
Land Area: 1,987sqm*
Gartland is pleased to offer for sale 21-23 Cowie Street, North Geelong, a substantial industrial holding positioned in one of Geelong's most dynamic industrial and commercial precincts.
This opportunity provides flexibility for investors and developers alike, with a long-standing tenant in place delivering a secure income stream, while the large landholding presents significant future development potential.
Property Features
310 Amps - 3 Phase Power
Maximum Internal Clearance: 5m*
Three High Bay Roller Doors (4m high x 3.6m wide)
Office and Staff Amenities
Potential to Separate Tenancies (STCA)
Strategically located just 250m from the Princes Highway, the property benefits from seamless access to major arterial routes, ensuring excellent logistics and connectivity for current and future occupiers.
Approximate Travel Times:
Melbourne - 60 minutes*
Surf Coast - 30 minutes*
Geelong CBD - 9 minutes*
Tenancy Details
Tenant: JR Production Engineering
Annual Rent: $75,888 + GST + Outgoings
Term: 3 + 3 years
Lease Commencement: 1st October 2024
Next Market Review: 1st October 2027
Annual Increases: CPI
Tenant Occupation: Over 40 years continuous
For further information or to arrange an inspection, contact the Gartland Commercial team today.
*Approximately
The size of North Geelong is approximately 5.0 square kilometres. It has 12 parks covering nearly 16.5% of total area. The population of North Geelong in 2016 was 2966 people. By 2021 the population was 3225 showing a population growth of 8.7% in the area during that time. The predominant age group in North Geelong is 30-39 years. Households in North Geelong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Geelong work in a professional occupation.In 2021, 56.70% of the homes in North Geelong were owner-occupied compared with 53.00% in 2016.
North Geelong has 2,461 properties. Over the last 5 years, Houses in North Geelong have seen a 33.93% increase in median value, while Units have seen a 34.69% increase. As at 30 November 2025:
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