OFF MARKET

46-48 Ryrie Street
Geelong VIC 3220

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 208m2
Land area: 1105m2
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Property Details for 46-48 Ryrie St, Geelong

46-48 Ryrie St, Geelong is a 1 bedroom, 1 bathroom Unit and was built in 2023. The property has a land size of 1105m2 and floor size of 208m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
2023
Floor Size
208m2
Land Size
1105m2
Local Government
Greater Geelong
Lot/Plan
1/LP17559

Last Listing description (March 2008)

Prime City Development Opportunity
Snare a section of prime CBD land and enter the commercial investment market at 46-48 Ryrie Street, Geelong. The property, 1105sqm approx of land in the high-profile business district at the busy end of Ryrie Street, is ready to develop and comes with a planning permit for a three-storey office complex with 36 car spaces. The prime location provides ease of access for employees and visiting clients travelling from Melbourne or outer Geelong regions and is within walking distance of the Geelong train station, library, Deakin University, Waterfront Campus, Gordon Tafe and the shopping precinct.
The property has direct access from Ryrie Street, as well as rear lane access from Gheringhap Street to the east and Fenwick Street to the west.

Suited to office development
Planning permit for office development
Excellent rear access
Located opposite Barwon Water
Land Area:
1105 m2 (approx)
Zone:
'Business 2 Zone'

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Property History for 46-48 Ryrie St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$7,700,000
05 May 2017
  • 05 May 2017
    Sold for $7,700,000
  • 02 May 2008
    Sold for $1,200,000
  • 15 Nov 2007
    Listed for Sale Not Disclosed
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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 6,189 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.
There are currently 36 properties listed for sale, and 29 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Geelong.

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