8 James StreetGeelong VIC 3220
Property Details for 8 James St, Geelong
Last Listing description (May 2024)
Prime Freehold Leased to A Global Professional Consultant Company
Three Year Lease To Professional Consultant Group with Options
Absolute Centre of the Action Location
Surrounded by a variety of successful business
Zoning: Activity Centre Schedule 1
Gartland is delighted to offer this unique freehold investment leased to well renowned Professional Consulting Firm URBIS who are shaping Cities and Communities for a better future - located in the absolute prime of bustling James Street for sale.
The key attributes of this property include:
Located in the highly desirable Westend Precinct of Geelong CBD.
Irreplaceable land holding of 110sqm* with extensive frontage of 5 metres plus rear access.
Immaculately presented Office of 110sqm* with attractive east facing building with glass frontage, polished concrete floors, carpeted boardroom, new ceiling & lighting plus
brand new kitchen including cabinetry plus toilet area.
Superbly located amongst some of Geelong's best Hospitality venues including Cafes, Hotels & First Class Restaurants plus a long list of established local traders.
Surrounded by a plethora of multi-level apartment & Commercial sites constructed & in construction and in planning stage.
Convenient public transport amenities nearby with a bus service operating along Moorabool and Geelong Station within walking distance.
8 James Street presents an outstanding opportunity to acquire the perfect slice of Geelong's Westend Precinct institution.
Property History for 8 James St, Geelong, VIC 3220
- 28 Mar 2024Sold for $900,000
- 27 Feb 2024Listed for Sale Contact Agent
- 15 Apr 2017Sold for $515,000
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0About 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 6,127 properties. Over the last 5 years, Houses in Geelong have seen a 28.46% increase in median value, while Units have seen a 5.92% increase. As at 31 October 2024:
- The median value for Houses in Geelong is $852,765 while the median value for Units is $590,064.
- Houses have a median rent of $525 while Units have a median rent of $500.
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