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8/16 The Esplanade South

Geelong, VIC 3220, Australia
$475,000
2 bed 1 bath 1 car94m²

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Area Price Guide
$446,500$503,500

Indicative price guide range

🏘️
76
Comparable
📊
$849,000
Area median
⚖️
-44%
vs median
📐
$5,053
Per m²
📏
94 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Returning over 7% 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

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,303/month
    $1,151 /fortnight
    Loan $380,000 at 6.10% over 30 years

    Upfront costs

    Deposit$95,000
    Stamp duty$23,570
    Conveyancing (est.)$2,000
    Total upfront$120,570
    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.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Parking
    1
    Land Area
    94m²
    Listed
    1 month ago

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