29 Detroit Crescent, Corio, VIC 3214

Corio, VIC 3214

$370,000 - $395,000

For Sale
199

Land (m²)(click)

75

House (m²)

other

Type

Harcourts
+61414818574

Shane King

+61411141463

Selling Agent's Description

29 Detroit Crescent, Corio presents astute investors with the perfect opportunity to capitalise on Geelong's growth trajectory. Located within a well-established local shopping strip of 12 shopfronts this vibrant strip is well patronised with clients from all over Geelong, it offers great parking and versatile retail offerings ideal for a range of services, convenience and specialty retail operators, including licenced supermarket, Halal Butchery, chicken bar, pizza shop and Asian Grocery just to name a few. - Tenant: Detroit Crescent Fish and Chip Shop Established in 1973 - Passing rent: $19,500.00 Per Annum + Outgoings Five (5) year Lease with one further option of Five (5) years This is a practical and well-located retail asset in a proven northern Geelong suburb, offering flexibility and long-term appeal within a tightly held commercial pocket. Key Investment Highlights: Prime Corio location Land area 199m2 with rear lane access Building area 75m2 Strong Lease to experienced operator Ideally positioned to capitalise on well-established Residential area Benefit from strong underlying land value Exceptional long-term capital appreciation prospects Strategic commercial asset in one of Corio's most tightly held investment precincts Zoned Commercial 1 Greater Geelong Planning Scheme Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist Added 12 November, 2026 Property ID: #1P11095

Location

Corio, VIC 3214

Directions
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