Contact Agent

- Secure Income
- Future Development Opportunity
- Prime CBD Freehold
- Expression of Interest closing 12pm Thursday 16th October

Ideally positioned along Moorabool Street at the bay end of Geelong's CBD, 40–42 Moorabool Street presents a rare opportunity for investors, owner-occupiers, or developers.

The property occupies a 571m² (approx.) landholding* and is improved by a 1,145m² (approx.) two-level brick building*, offering versatile hospitality, entertainment, and commercial accommodation.

Currently operating as a nightclub under a secure long-term lease, the property provides a strong income stream while also benefiting from its Activity Centre Zone (ACZ) designation, prime CBD frontage, and exceptional exposure to passing foot and vehicle traffic.

Its central location ensures unrivalled access to Geelong's best retail, such as Westfield shopping centre, dining and waterfront precincts, and Deakin University making it a highly sought-after CBD freehold with both immediate income and long-term upside.

Future development opportunities such as office, residential or retail (STCA) with the current zoning and Central Geelong Framework Plan, allowing 28m or 8 storeys approximately.

This rare and highly sought-after freehold opportunity is not to be missed.

Information Memorandum available.

Lease Details:
Lease Term: 5 years + 2 x 5-year options
Annual Net Rental: $250,000 + GST & outgoings
Rent Reviews: Fixed annual increases of 4%