SOLD
Sold on 27 Nov 2023 for $800,000

2/52-56 Douro Street
North Geelong VIC 3215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 187m2
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Property Details for 2/52-56 Douro St, North Geelong

Building Type
Commercial
Land Size
187m2
Local Government
Greater Geelong
Lot/Plan
2/PS844817

Last Listing description (September 2023)

Colliers are excited to present Warehouse 2/52-56 Douro Street for private sale.

This brand-new warehouse has been architecturally designed to ensure you stand out from the crowd. This premium offering includes ample warehouse space, with the added bonus of a fully enclosed mezzanine area finished with polished concrete and a split system.

This warehouse is favourably situated in the North Geelong Industrial precinct with easy access to the Princes Highway, Spirit of Tasmania, and Geelong CBD. Whether you are an owner occupier or investor, this location will be well located for success.

Key Property Features:
- Build Area 187 square metres*, plus 45 square metres* mezzanine
- Kitchenette
- Bathroom amenities including shower
- Vacant possession
- Secure fencing & motorised gates
- On-site car parking
- Zoned Industrial 1

Price: $890,000 + GST

For more information, please contact exclusive selling agents Ned Tansey 0492 892 101 or Jonathon Lumsden 0402 213 572.

*Approx

Property History for 2/52-56 Douro St, North Geelong, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$800,000
27 Nov 2023
  • 27 Nov 2023
    Sold for $800,000
  • 23 Aug 2023
    Listed for Sale $890,000 + GST

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About North Geelong 3215

The size of North Geelong is approximately 5 square kilometres. It has 12 parks covering nearly 16.5% of total area. The population of North Geelong in 2011 was 2,395 people. By 2016 the population was 2,983 showing a population growth of 24.6% in the area during that time. The predominant age group in North Geelong is 30-39 years. Households in North Geelong are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in North Geelong work in a professional occupation. In 2011, 63.5% of the homes in North Geelong were owner-occupied compared with 53% in 2016.

North Geelong has 2,336 properties. Over the last 5 years, Houses in North Geelong have seen a 40.35% increase in median value, while Units have seen a 35.48% increase. As at 30 September 2024:

  • The median value for Houses in North Geelong is $710,396 while the median value for Units is $471,061.
  • Houses have a median rent of $440 while Units have a median rent of $420.
There are currently 4 properties listed for sale, and 1 property listed for rent in North geelong on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in North geelong.

Suburb Insights for North Geelong 3215

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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.