OFF MARKET

PENTHOUS/18 Malone Street
Geelong VIC 3220

Bedrooms: 4
Bathrooms: 3
Car spaces: -
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Last updated 16 Dec 2024
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Property Details for Penthous/18 Malone St, Geelong

Penthous/18 Malone St, Geelong is a 4 bedroom, 3 bathroom Unit.

Building Type
Unit
Local Government
Greater Geelong

Last Listing description (December 2021)

The Penthouse of the coveted "The Mercer" building is the finest example of luxury living and the highest quality fixtures and fittings. Considered and perfectly executed, the functional floorplan offers a panoramic view around the building with uninterrupted views from fourteen stories above the ground level. Sweeping views across Geelong's prestigious Corio Bay can be enjoyed from the master suite, open plan living, kitchen/dining space and the undercover alfresco. Parquetry flooring graces the interior while the kitchen boasts Carrara marble to the benchtops with integrated fridge and dishwasher into the tastefully designed cabinetry. The bathrooms both feature floor to ceiling marble tiles and the highest quality of fixtures and fittings. The balcony serves as the perfect vantage point across Geelong's waterfront precinct and allows ample space for entertaining and to host those family events. Building services include a shared gym and a large sun deck/BBQ area to take advantage of on the warmer days. Positioned walking distance to the Geelong Waterfront and the Geelong CBD, the location is certainly tough to beat. The Geelong Ring Road and Melbourne Highway is only a short drive providing convenient access to Melbourne.

- Four bedrooms, the master with ensuite and WIR
- All remaining bedrooms boast built-in robes

- Ducted heating and cooling throughout
- Floor to ceiling tilework in all bathrooms
- Panoramic views of Geelong's waterfront and skyline
- Carrara marble stone benchtops in the kitchen
- Secure parking on the ground level for three vehicles
- Two large lock-up storage cages
- Walking distance to the Geelong Waterfront and CBD
- Quality cabinetry throughout with ample storage
- Sliding doors lead the way to the stunning balcony

Property History for Penthous/18 Malone St, Geelong, VIC 3220

A timeline of how this property has performed in the market
  • 11 Nov 2021
    Listed for Sale Under Contract

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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 6,189 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:

  • The median value for Houses in Geelong is $823,715 while the median value for Units is $591,169.
  • Houses have a median rent of $500 while Units have a median rent of $515.
There are currently 36 properties listed for sale, and 29 properties listed for rent in Geelong on OnTheHouse. According to CoreLogic's data, 154 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.