$475,000 - $495,000
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8/16 The Esplanade South, Geelong VIC 3220

Apartment
211

Prime Bayside Investment Opportunity

Returning over 6.5% net p/a, this worry-free investment with guaranteed returns is a brilliant investment opportunity! Presenting a meticulously renovated two-bedroom apartment impeccably managed by Quest, a renowned industry expert. Quest takes care of every facet of leasing and maintenance, ensuring your peace of mind. Inside, you'll find a contemporary kitchen, generously proportioned living spaces, split-system heating and cooling, convenient laundry facilities and an inviting outdoor balcony.

With a solid annual rent income, this apartment promises steady growth and comes with the added security of a pre-existing lease agreement. Ideally located close to both the CBD and waterfront, this property provides easy access to all of the first class facilities Geelong has to offer. Act promptly to secure this outstanding investment prospect.

- Long lease agreement in place. 4% yearly increases every November
- Freshly renovated with contemporary finishes
- Spacious living areas and a modern kitchen enhance the living experience
- Split-system heat and cool in the living areas and master bedroom
- In-unit laundry facilities for convenience. Fully furnished.
- Secure parking within the complex provides peace of mind
- A secure lease agreement is already in place. Guaranteed returns
- The inner-city location offers easy access to the Bay and city amenities
- Easy commute to Melbourne and the Surfcoast

Inspections

No open inspections scheduled.

Send an enquiry

Contact David McGuinness to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment

Other Details

McGrath Geelong | Newtown

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Nearby sales

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We found 14 apartments with 2 bedrooms that just sold near 8/16 The Esplanade South Geelong

Property history

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Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Geelong suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
5,811
Listing ID: 181972252. This listing has been viewed 79 times. It was first displayed on 04/10/2023 and last updated on 19/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.