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104/16 The Esplanade South, Geelong$359,000
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104/16 The Esplanade South

Geelong, VIC 3220, Australia
$359,000
1 bed 1 bath 1 car9 ha

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About this property

(Please contact the agent to schedule an appointment.) If you have been searching for a worry-free investment opportunity with guaranteed returns, look no further! This meticulously refurbished one bedroom apartment is expertly managed by renowned industry specialist 'Quest'. Enjoy the peace of mind that comes with Quest's comprehensive leasing and maintenance services. Step into a modern, open-plan kitchen and living area, with split system heating and cooling, in-unit laundry and a delightful outdoor balcony. This apartment offers a stable annual rental income and the added security of an existing lease agreement, featuring 4% yearly return increases. Conveniently positioned near the Geelong CBD and Waterfront precinct, immerse yourself in Geelong's premier lifestyle offerings. Don't miss out on this outstanding investment prospect. - Secure long-term lease with Quest (approx. $25,353 per annum). - Stable rental income, with returns irrespective of the apartment being occupied or vacant. - Recently refurbished with contemporary finishes and appliances. - Ample living space and a modern kitchen for comfortable living. - Split-system heating and cooling for year-round comfort. - In-unit laundry facilities for added convenience. - Secure parking for peace of mind. - Guaranteed returns with existing lease agreement. - Convenient inner-city location within a short-stroll of the waterfront, CBD, cafes and train station. - Easy commute to Melbourne and the Surf Coast. Situated in an enviable location, amongst a plethora of premium amenities, seize this exceptional investment opportunity before it's too late! All information offered by Whitford is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Whitford merely do no more than pass the information on. Use of such material is at your sole risk. Whitford does not have any belief one way or the other as to whether the information is accurate and prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Whitford will not be liable for any loss resulting from any action or decision by you in reliance on the information from Whitford.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
9 ha
Listed
3 months ago

Repayment calculator

$1,740/month
$870 /fortnight
Loan $287,200 at 6.10% over 30 years

Upfront costs

Deposit$71,800
Stamp duty$16,610
Conveyancing (est.)$2,000
Total upfront$90,410
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Geelong

This 1-bedroom apartment in Geelong, VIC 3220 sits within reach of public transport, local shops and nearby schools. It is listed 54% below the $787,500 median of 76 comparable apartmentswithin 5 km.

Schools near Geelong

  • Matthew Flinders Girls Secondary Collegesecondary · 7-12 · CoEd
  • SEDA College (Victoria) - AFL- Geelongsecondary

What's nearby

  • Geelong 1 (train)841 m away
  • Helloworld Travel1.3 km away
  • Stradling Reserve139 m away
  • Unnamed148 m away
  • Unnamed274 m away

Geelong at a glance

Full suburb profile
Population
5,811
Median age
40
Household income
$1,670/wk
Median rent
$370/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Geelong price trend

Median sold · Unit 1 bed

Compound growth -0.3% / yr over 4 yrs

$490kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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