SOLD
Sold on 03 Nov 2023 for $5,500,000

9 Aberdeen Street
Newtown VIC 3220

Bedrooms: 15
Bathrooms: 20
Car spaces: 20
Land area: 2233m2
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Property Details for 9 Aberdeen St, Newtown

9 Aberdeen St, Newtown is a 15 bedroom, 20 bathroom Unit with 20 parking spaces. The property has a land size of 2233m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 15 bedroom Unit sold in Newtown in the last 12 months.

Building Type
Unit
Land Size
2233m2
Local Government
Greater Geelong
Lot/Plan
1/LP34737

Last Listing description (May 2024)

Don't miss this unique opportunity to secure a 36-room motel in Newtown. Buyers will be inspired to explore a range of commercial and residential possibilities, with the property situated within a General Residential Zone on approx. 2233m2.

Buyers could begin motel operations or upgrade the establishment with a contemporary makeover (STCA). Developers could also explore options to re-develop the site for an apartment building or residential lots (STCA).

Positioned on the cusp of the Geelong CBD, this location places everything you could need virtually on your doorstep. Public transport and the Geelong Train Station are a short stroll away, while the vibrant Arts Precinct and Waterfront are within easy reach. The cosmopolitan hub of Pakington Street is within walking distance, while GMHBA Stadium is close by for footy fans. La Trobe Terrace grants easy access to Melbourne and the Surf Coast.

High-profile street frontage
36 rooms with a bathroom and kitchenette
Foyer with office spaces and toilet facilities
Central dining & bar area for customers
Commercial kitchen
Central courtyard
Asphalt parking spaces

Property History for 9 Aberdeen St, Newtown, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$5,500,000
03 Nov 2023
  • 03 Nov 2023
    Sold for $5,500,000
  • 26 Oct 2023
    Listed for Sale Contact Agent
  • 04 Aug 2017
    Listed for Sale Not Disclosed
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About Newtown 3220

The size of Newtown is approximately 5.8 square kilometres. It has 20 parks covering nearly 17.4% of total area. The population of Newtown in 2011 was 9,681 people. By 2016 the population was 10,154 showing a population growth of 4.9% in the area during that time. The predominant age group in Newtown is 10-19 years. Households in Newtown are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newtown work in a professional occupation. In 2011, 69.1% of the homes in Newtown were owner-occupied compared with 69.6% in 2016.

Newtown has 5,734 properties.

    There are currently 4 properties listed for sale, and 9 properties listed for rent in Newtown on OnTheHouse. According to CoreLogic's data, 190 properties were sold in the past 12 months in Newtown.

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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.