24 Ryrie StreetGeelong VIC 3220
Property Details for 24 Ryrie St, Geelong
Last Listing description (December 2024)
Discover the charm and versatility of this historic two-storey Victorian and Federation style building, circa 1870, ideally positioned on a main street in Geelong CBD. Spanning approximately 230sqm and zoned Activity Centre 1, this property offers a unique opportunity for a range of commercial and residential uses.The ground floor showcases a renovated front area featuring polished concrete floors, split system air-conditioning and is complemented by two additional rooms, a workshop/storage area and a utility room with a grease trap and staff bathroom. Three-phase power is available to the boundary of the property. A separate entrance leads to the upper-level showcasing period details such as high ceilings, polished floorboards, fireplaces/mantels and leadlight windows. This level includes two spacious bedrooms with balcony access, a central lounge, office space, and a light-filled open plan area with a large commercial kitchen and adjacent dining area. A bathroom with shower and separate toilet add to the functionality and comfort of the space.Outside includes a small rear balcony with storage underneath, rear access to a secure double carport and disability access to the first floor. Situated in Geelong's bustling CBD, this property benefits from maximum exposure and high traffic, making it an ideal spot for retail or hospitality ventures. Contact us today to arrange an inspection and explore the endless possibilities this property has to offer.
Property History for 24 Ryrie St, Geelong, VIC 3220
- 05 Dec 2024Sold for $837,500
- 02 Sep 2024Listed for Sale $875,000
- 06 Nov 2014Sold for $836,000
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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 6,191 properties. Over the last 5 years, Houses in Geelong have seen a 22.93% increase in median value, while Units have seen a 5.37% increase. As at 30 November 2024:
- The median value for Houses in Geelong is $823,715 while the median value for Units is $591,169.
- Houses have a median rent of $500 while Units have a median rent of $515.
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