46-48 Ryrie StreetGeelong VIC 3220
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.
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.
Planning permit for office development
Excellent rear access
Located opposite Barwon Water
Land Area:
1105 m2 (approx)
Zone:
'Business 2 Zone'
Property History for 46-48 Ryrie St, Geelong, VIC 3220
- 05 May 2017Sold for $7,700,000
- 02 May 2008Sold for $1,200,000
- 15 Nov 2007Listed 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 6,153 properties. Over the last 5 years, Houses in Geelong have seen a 24.56% increase in median value, while Units have seen a 10.33% increase. As at 31 August 2024:
- The median value for Houses in Geelong is $829,449 while the median value for Units is $608,831.
- Houses have a median rent of $530 while Units have a median rent of $500.
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