SOLD
Sold on 06 Mar 2024 for $126,500

7/23-31 Gheringhap Street
Geelong VIC 3220

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 42m2
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Property Details for 7/23-31 Gheringhap St, Geelong

Building Type
Commercial
Land Size
42m2
Local Government
Greater Geelong
Lot/Plan
7/SP36912

Last Listing description (June 2024)

This Compact 42m2 approx., 2 room office provides a front office area and a large rectangular office/consulting or as currently set up as a meeting room. Perfect for a Small business start up or Allied Health/ Business Consultant, also a Barrister. Otherwise the Office could suit open plan use for 3 or 4 people. Features Include:

- Easy access to entrance and Lift.

- Disabled access and amenities available.

- Great location, easy access to City Hall, the Library, Johnson Park, the Geelong Train Station.

- Join the new Little Malop Street laneway culture, where cafe's and eateries abound.

- The Building has been extensively refinished and modernised.

- Large Car Park adjacent.

- NOTE: The premises is being leased without the furniture and projector.

- At only $16,000 Inclusive Outgoings, Plus GST, this is great value!

Call Robert Heath 0418 335 170 to inspect.

Property Code: 789

Property History for 7/23-31 Gheringhap St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$126,500
06 Mar 2024
Listed for Rent
05 Dec 2023
  • 06 Mar 2024
    Sold for $126,500
  • 07 Sep 2023
    Listed for Rent $16,000 / year
  • 24 Feb 2022
    Listed for Rent $15,500 / year
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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 6,105 properties. Over the last 5 years, Houses in Geelong have seen a 23.71% increase in median value, while Units have seen a 5.89% increase. As at 30 September 2024:

  • The median value for Houses in Geelong is $820,803 while the median value for Units is $591,191.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 14 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Geelong.

Suburb Insights for Geelong 3220

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.