SOLD
Sold on 26 Jan 2024 for $800,000

704/8 Gheringhap Street
Geelong VIC 3220

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 773m2
Sold By
Buxton Geelong East
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Property Details for 704/8 Gheringhap St, Geelong

704/8 Gheringhap St, Geelong is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 773m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Geelong in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
70m2
Land Size
773m2
Local Government
Greater Geelong
Lot/Plan
33/PS642096

Last Listing description (February 2024)

Offering luxurious city living with spectacular bay views, this superbly located apartment represents an exceptional lifestyle or investment opportunity. Positioned on the cusp of the CBD, adjoining the iconic Waterfront precinct, this location places you on the doorstep of all the best attractions and events of the city, a short stroll from Deakin Waterfront Campus, the Arts precinct, Johnstone Park, Westfield Shopping Centre, an array of restaurants, cafes and bars, and with easy access to and from Melbourne via road, rail or ferry.

On entry to the apartment, the open plan design enjoys a north facing aspect for excellent natural light and uninterrupted water views. The high end kitchen features a long island bench, stone benchtops, quality stainless steel appliances including 600mm oven, gas cooktop, dishwasher, generous storage provisions, and elegant pendant lighting. Designed for effortless entertaining, the kitchen is well positioned to overlook the dining, living area and out to the private balcony.

Three bedrooms all feature bay views, the master includes walk-in robes and ensuite, two further bedrooms with built-in robes are serviced by a second bathroom. Both bathrooms are elegantly presented in high quality finishes and fittings.

Additional features include individual split system heating and cooling in living and bedrooms, European laundry, allocated basement car park, storage cage, and secure intercom access.

With future CBD development plans including the Geelong Convention and Event Centre set to enhance the vibrant atmosphere of this precinct, whilst still maintaining the fabulous water views, now is the perfect time to secure premium Waterfront real estate. Representing exceptional value with outstanding return potential, this beautifully presented property will certainly impress.

Estimated return: $720 per week.

Property History for 704/8 Gheringhap St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$800,000
26 Jan 2024
  • 26 Jan 2024
    Sold for $800,000
  • 10 Aug 2023
    Listed for Sale $950,000 - $1,020,000
  • 07 Dec 2022
    Listed for Sale $1,100,000-$1,150,000
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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 6,148 properties. Over the last 5 years, Houses in Geelong have seen a 30.69% increase in median value, while Units have seen a 9.63% increase. As at 31 July 2024:

  • The median value for Houses in Geelong is $846,333 while the median value for Units is $600,037.
  • Houses have a median rent of $520 while Units have a median rent of $500.
There are currently 12 properties listed for sale, and 10 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Geelong.

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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.