FOR SALE
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138 Moorabool Street
Geelong VIC 3220

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 169m2
Land area: 285m2
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2 in 1 Rented Dual-Use Property in the Heart of Geelong CBD, Perfect for Living and Business

Rented at $42,616.35,
3 year options with lease up to 2031.
Why Buy it Now:
The Geelong CBD is 1 of Australia's fastest growing city undergoing rapid expansion, and properties like this rarely come to market. Whether you’re an investor looking for strong capital growth or a business owner seeking prime retail space with built-in living quarters, this 2-in-1 Mix Used property is a must-see.
Seize this rare chance to own a piece of Geelong’s prime real estate, where the city’s growth and your investment potential meet. Act fast to secure this once-in-a-lifetime opportunity before it’s gone!
Discover a rare opportunity to own a versatile property situated in the vibrant Geelong CBD, where modern urban living meets bustling commercial activity. This unique Tenanted occupied dual-purpose property offers the best of both worlds—luxurious residential living 3 bedrooms on the upper floor and a fully equipped ground floor restaurant.
Location: At the Center of Activity
Positioned in the bustling heart of Geelong CBD, this property is surrounded by popular attractions, including shopping centers, cultural venues, and transport links. It offers unparalleled convenience and visibility, ensuring both the residential and commercial aspects of the property benefit from the city’s dynamic environment.
Investment Potential
This dual-use property is not just a place to live and work; it’s a sound investment in one of Geelong’s fastest-growing areas. The combination of residential comfort and commercial opportunity makes it a rare find in today’s ResiMercial Mix Used property market.
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Property Details for 138 Moorabool St, Geelong

Building Type
Commercial
Floor Size
169m2
Land Size
285m2

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About Geelong 3220

The size of Geelong is approximately 3.3 square kilometres. It has 17 parks covering nearly 8.9% of total area. The population of Geelong in 2011 was 4,700 people. By 2016 the population was 5,220 showing a population growth of 11.1% in the area during that time. The predominant age group in Geelong is 20-29 years. Households in Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong work in a professional occupation. In 2011, 55.3% of the homes in Geelong were owner-occupied compared with 54% in 2016.

Geelong has 6,112 properties. Over the last 5 years, Houses in Geelong have seen a 23.71% increase in median value, while Units have seen a 5.89% increase. As at 30 September 2024:

  • The median value for Houses in Geelong is $820,803 while the median value for Units is $591,191.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 28 properties listed for sale, and 23 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Geelong.

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