Back 107 A&B/16 The Esplanade
Off Market

107 A&B/16 The Esplanade

Geelong VIC 3220

2
2
Apartment
Last sold for $435,000
Gus ElsGus Els, last sold this property on 06 August 2026 after 120 days on market.

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.q. 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

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Geelong over the last 12 months, the estimated median property value of 107 A&B/16 The Esplanade is $570k.

Median value
$570k
Estimated value range
$410k - $910k
Median days on market
86
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Geelong. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 107 A&B/16 The Esplanade

2026
Sold
$435,000
Private Sale/Treaty on 06 Aug 2026 by Gus Els, of Geelong Real Estate Co.

Happy sellers in Geelong

55%
55% 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 12 reviews in Geelong over the last 12 months.

Local market activity for 2 bedroom apartments in Geelong

In the last 12 months, 42 two-bedroom apartments similar to 107 A&B/16 The Esplanade, have been sold.

This represents a 43% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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