9 Geelong Road
Portarlington, VIC 3223

Opportunities like this are rare, presenting a chance to secure a prominent commercial freehold property located at the gateway to Portarlington. This unique offering includes upstairs residential accommodation, making it an attractive investment that provides both immediate income and long-term growth potential.

The property currently operates as a launderette and is being sold as a walk-in/walk-out opportunity with the existing fit-out intact. This setup is ideal for those seeking immediate use or for investors and developers looking to redevelop the site to suit their specific plans.

Key features of the property include a prime commercial shopfront boasting a double window frontage, complemented by tiled flooring and walls, as well as a utility room. The site offers front customer parking and rear lane access with additional off-street parking, enhancing convenience for patrons.

Upstairs, there is a self-contained two-bedroom apartment featuring a kitchen, bathroom, and lounge area. This residential space captures elevated views across Port Phillip Bay, adding to the property's appeal.

The land size is approximately 224 square meters, providing a solid footprint for the existing structures and potential redevelopment. The location benefits from strong exposure with consistent vehicle and foot traffic, ensuring high visibility for any business operating from the premises.

Proximity to the beach and the expansive Portarlington Caravan Park further enhances the property's desirability. Security is well addressed with excellent measures including video surveillance, ensuring peace of mind for occupants and investors alike.

This versatile freehold property offers multiple options: continue operating the existing business, lease both the commercial and residential levels separately, or explore redevelopment opportunities. It promises secure returns in one of the Bellarine Peninsula's most sought-after and tightly held locations.

Financially, the laundromat generated sales of approximately $62,000 in the last financial year (July to June), indicating a steady income stream. Given the foot traffic, proximity to major amenities, and turnkey setup, this property is well positioned for those looking to establish or expand their presence in this coastal growth area.

Act swiftly to capitalize on this exceptional opportunity and position your brand at the forefront of Portarlington's vibrant community and expanding market.