FOR SALE
$649,000 - $699,000

902/18 Malone Street
Geelong VIC 3220

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Ultimate lifestyle opportunity or income earner!

[Inspection by Private Appointment]
Situated in the heart of Geelong and just a stone's throw from the waterfront, here's your chance to occupy, invest, or have the best of both worlds, with the possibility to rent as short-term accommodation and enjoy potential earnings of up to $1400 per week!
Capitalize on the Geelong tourism sector, with Spirit of Tasmania Quay just 5 minutes down the road, and Geelong Train Station only 500 metres away! Enjoy being equally close to all main attractions, such as the Geelong waterfront precinct, Eastern Beach, Westfield shopping centre, and the many cafes, restaurants and bars that make this region a popular tourist spot! Imagine being able to walk to concerts at GPAC or the new convention centre (currently under construction) - amazing!
This apartment has everything you could possibly need and is as stylish as it is practical. The kitchen is significantly larger than many others in the building, and features stone benchtops, quality stainless steel appliances and integrated fridge. Take advantage of the 9th floor position and enjoy great views over Geelong and even better sunsets!
The bedrooms both have loads of built-in robe space, which is always desired but not often found in apartments.
In the bathroom, luxury amenities such as walk in shower will delight and everyone can appreciate the extra storage of a shaving cabinet in addition to under-sink cabinetry. Clever two-way access provides the lucky occupant of bedroom 1 the benefits of ensuite access. A separate powder room is a masterstroke of practicality and makes this apartment stand out from the rest. There's plenty of space in the European laundry, which means you can actually do your laundry here, and not on your kitchen bench!
This apartment enjoys a fabulous temperature year-round thanks to double glazed windows and doors, and three split systems to get your comfort levels just right. This is also a highly sought-after feature for short stay guests. Additional features include a dedicated basement car space and a large storage cage. The building also has fantastic amenities such as a gym, and an outdoor BBQ and recreational space with views over the bay, sensational!
Whether you're looking for a lock up and leave apartment while you travel, or want to cash in on short stay accommodation, you'll have to be quick as this fabulous apartment will suit an array of buyers!
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Property Details for 902/18 Malone St, Geelong

902/18 Malone St, Geelong is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Villarosa Real Estate.

Building Type
Apartment

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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 6,148 properties. Over the last 5 years, Houses in Geelong have seen a 30.69% increase in median value, while Units have seen a 9.63% increase. As at 31 July 2024:

  • The median value for Houses in Geelong is $846,333 while the median value for Units is $600,037.
  • Houses have a median rent of $520 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 10 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Geelong.

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David Villarosa
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Villarosa Real Estate
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