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, providing an investment that yields 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 makes it ideal for immediate use or redevelopment to suit various plans and visions.

Key features of the property include:

• Prime commercial shopfront featuring a double window frontage, tiled flooring and walls, and a utility room.
• Convenient front customer parking complemented by rear lane access with off-street parking facilities.
• A self-contained two-bedroom apartment located upstairs, complete with a kitchen, bathroom, and lounge area that captures elevated views across Port Phillip Bay.
• An approximate land size of 224 square meters.
• Strong exposure to constant vehicle and foot traffic, enhancing business visibility.
• Close proximity to the beach and the expansive Portarlington Caravan Park.
• Excellent security measures including video surveillance.

This versatile freehold property offers multiple options, whether continuing the existing business, leasing both levels separately, or exploring 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), underscoring its viability as an income-producing asset.

With its advantageous location, foot traffic, proximity to major amenities, and turnkey setup, this property represents a compelling opportunity to position a brand at the forefront of the coastal growth story in Portarlington. Interested parties are encouraged to act swiftly to capitalize on this exceptional offering.