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107 A&B/16 The Esplanade

Geelong VIC 3220

2
2
Apartment
Currently for sale - view listing

Overview

Set & Forget Quest Investment Returning $34K+ with Growth

Positioned on the iconic Geelong Waterfront, Apartment 107/16 The Esplanade South presents a premium dual-income investment within the tightly held Quest Geelong complex. With the CBD, Eastern Beach, cafés, restaurants, and transport all within walking distance, this blue-chip location continues to deliver consistent demand and long-term appeal. Leased to Quest under a secure long-term agreement, this is a true "set and forget" opportunity. Returning approx. $34,226 per annum + GST with 4% annual increases, the property offers reliable, growing income backed by a professionally managed lease structure and strong tenant covenant. Investment Snapshot $34,226 per annum + GST 4% annual rent increases 5-year lease from November 2025 5 further 5-year options available Property Features Full refurbishment completed Modern, well-maintained interiors Dual apartment configuration (107 A & B) Low-maintenance, professionally managed asset Outgoings Owners Corporation: $4,192.50 p.a. Council Rates: $2,601.50 p.a. Water: $197 p.a. Land Tax: $500 p.a. Offering strong returns, built-in rental growth and a premium waterfront position, this is an outstanding opportunity for investors seeking a secure, hands-off asset with long-term income certainty in the heart of Geelong.

Features

2 bedrooms
2 bathrooms
Apartment

Happy sellers in Geelong

65%
65% of sellers in Geelong reported that their sale price either exceeded or met their price expectations.

Geelong stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Geelong over the last 12 months.

Local market activity for 2 bedroom apartments in Geelong

In the last 12 months, 47 two-bedroom apartments similar to 107 A&B/16 The Esplanade, have been sold.

This represents a 60% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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