609/146 Bellerine St, Geelong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Potential return of $40,000 - $50,000 P.A after management fees per property. The location is within walking distance to the C.B.D and Geelong Waterfront and close to all amenities. The opportunity exists to place these properties in the hands of a professional Corporate Leasing Company successfully operating in Geelong for 18 years. They have huge demand for long and shorter term stays from corporate clients. You would need to furnish the property and we can advise on this. Management expenses along with depreciation of the building and furniture are all tax deductible. You do not need to do a thing as all bookings and servicing of the apartment are handled by the management company. You can even block out some dates to use the apartment for yourself with notice if you have the need.
The floor plan for these properties are very similar. The difference is Apartment 609 has a private roof top entertainment area with commanding views and Apartment G9 has the main living area flowing out to a large entertainment courtyard.
For more information on this property text '609/146 Bellerine' to 0428 444 841
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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:
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