FOR SALE
$650,000

209/6-8 Bellerine Street
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Fully Furnished Waterfront Investment

Combining sophistication and functionality this stunning chic apartment is the perfect option for a low maintenance, luxury lifestyle. Located in one of the most sought-after pockets of Geelong and in the heart of the waterfront precinct, while only a short stroll to the medical precinct. A fantastic opportunity to absorb everything the Geelong CBD has to offer.
The modern unit comprises two sizeable bedrooms serviced by a modern central bathroom. The large open-plan kitchen/meals/living area is perfect for the single dweller or couple and comes fully furnished. Heating/cooling, and quality upmarket fixtures and fittings are present throughout the home including stainless steel appliances in the kitchen.
Currently achieving 5% returns per annum through short stay management with full financial summaries available and a refurbishment schedule that has been prepaid, making this fantastic property the perfect set and forget investment opportunity.
- Large open-plan living zone
- Kitchen featuring stainless steel appliances
- Two well-sized bedrooms with built-in robes
- Split-system heating and cooling
- Sundrenched, balcony with glimpses of the bay
- Secure, underground carpark
- Ideally located in the Geelong CBD
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Property Details for 209/6-8 Bellerine St, Geelong

209/6-8 Bellerine St, Geelong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with McGrath Geelong | Newtown.

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Unit

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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 6,130 properties. Over the last 5 years, Houses in Geelong have seen a 28.46% increase in median value, while Units have seen a 5.92% increase. As at 31 October 2024:

  • The median value for Houses in Geelong is $852,765 while the median value for Units is $590,064.
  • Houses have a median rent of $525 while Units have a median rent of $500.
There are currently 35 properties listed for sale, and 30 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Geelong.

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Candice Costoso
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McGrath Geelong | Newtown
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