110 B&C Mt Pleasant Road, Belmont, Vic 3216

Darcy Jarman is delighted to present 110 B&C, Mt Pleasant Road, Belmont, For Sale, via Private Sale.

Positioned prominently along Mt Pleasant Road, the building improvements comprise a 119m²* retail premises, occupying a 195m²* corner landholding. Benefiting from an expansive glazed frontage and excellent street exposure, the property is surrounded by a diverse mix of established operators including Barwon Pharmacy Group, The Cheesecake Shop, Mt Pleasant Road Brewers and Geelong Dental Group.

The property is leased to THAT PLACE Patisserie & Café on a new five (5) year term, returning $60,000 per annum plus GST and outgoings. Incorporating two (2) further five-year options, fixed 3% annual increases, market reviews upon commencement of each option term and a six-month security bond, the lease offers investors income security and future rental growth.

The property's location is underpinned by its proximity to Belmont's thriving High Street retail precinct, home to major national retailers including Kmart, Dan Murphy’s, Coles, 99 Bikes and KFC. The highly regarded Highton Village shopping precinct is also nearby, providing an extensive selection of boutique retailers, cafés and everyday conveniences.

Key Property Highlights
• Triple fronted landholding of 195m²*
• Building Area: 119m²*
• Prominent Mt Pleasant Road corner frontage providing excellent exposure
• Expansive glass frontage
• Commercial kitchen fit out 
• Outdoor seating and dining area 
• Commercial 1 Zoning (C1Z)

Investment Highlights:
• Rental: $60,000 p.a. plus GST and outgoings
• Tenant: THAT PLACE Patisserie & Cafe
• Lease Term: New five (5) year commencing 1 December 2026
• Options: Two (2) further terms of five (5) years
• Reviews: Fixed 3% annual rental increases with market review on commencement of further terms 
• Six (6) month security bond
• Investment Return: 6%*
• 50% regional stamp duty concession

Make THAT PLACE your next investment and secure a prominent Belmont retail asset underpinned by a new long-term lease, structured rental growth and an attractive 6% return.

For further information or to arrange an inspection, please contact the exclusive agents below:
Tim Darcy | 0418 522 523
Andrew Prowse | 0418 534 076
Jackson Carrick | 0428 879 994