OFF MARKET

3 Cavendish Street
Geelong VIC 3220

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 145m2
Land area: 985m2
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Property Details for 3 Cavendish St, Geelong

3 Cavendish St, Geelong is a 1 bedroom, 0 bathroom House. The property has a land size of 985m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Floor Size
145m2
Land Size
985m2
Local Government
Greater Geelong
Lot/Plan
1/TP704200

Last Listing description (November 2023)

Colliers is excited to present 1 & 3 Cavendish Street, Geelong to the market For Sale via Expressions of Interest closing Friday 26 November at 4pm.

The property is an outstanding development opportunity with incredible views across Corio Bay & close proximity to Geelong's rapidly developing CBD & waterfront.


The strategically located site is within close proximity to Deakin University, Geelong Train Station, Little Malop Street food precinct & major office precincts including Worksafe, NDIA, TAC & GMHBA's new headquarters. Additionally, there is proximity to major shopping including Westfield & Market Square Shopping Centre's.

The site currently comprises of two dwellings which are in very good solid internal & external order. Each dwelling comprises of 3 bedrooms, modern kitchen, bathrooms along with an opportunity to generate holding income, whilst plans & permits for future uses are being applied for.

- Land area 985 square metres*
- 24.22 metres frontage to Cavendish Street
- Zoned Activity Centre
- Outstanding development potential (STCA)
- 45 metres* to Geelong Waterfront
- 850 metres* to Geelong Train Station
- Adjacent to future Convention and Exhibition Centre

Expression of Interest - Currently Under Negotiation.

*Approx.

For more information, please contact Colliers agents Andrew Lewis 0418 508 908, Ben Young 0407 296 679, Jonathon Lumsden 0402 213 572 or Hamish Burgess 0421 641 497.

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Property History for 3 Cavendish St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$3,600,000
12 Jul 2023
Listed for Rent
$420/w
30 Jun 2017
  • 12 Jul 2023
    Sold for $3,600,000
  • 22 Oct 2021
    Listed for Sale Expressions of Interest
  • 30 May 2017
    Listed for Rent - Price not available
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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 6,128 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, 148 properties were sold in the past 12 months in Geelong.

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