News

Agents sought to sell surplus City properties

23 August 2022

The City is progressing its plan to sell two identified surplus properties.

A tender will be released, seeking requests for proposals from agents to manage the sales of 21 Gheringhap Street, Geelong and 17 Reynolds Road, Belmont.

The properties will be sold with conditions of purchase, to ensure that community access to existing services continue into the future.

The properties are:

21 Gheringhap St, Geelong

The 4062.7 square metre property contains the Civic Centre Car Park, with 503 commercial car parks and four small retail stores.

It will include a condition of purchase that ensures commercial car parking - and the existing number of car spaces - is retained for a minimum of 10 years.

17 Reynolds Road, Belmont

The 1.561 hectares of land contains a ten-pin bowling centre with a commercial lease; a maternal health centre run by the City, and car parking.

It will include a condition of purchase that guarantees a 20-year lease for the Maternal Health Centre, so the service would not be impacted.

The other sites – 30-54 Brougham Street (Busport Car Park) and 200 Princes Highway, Corio – will be offered for sale later this financial year.

Thank you for your interest.