Back 18/96 Mercer St
Off Market

18/96 Mercer St

Geelong VIC 3220

2
2
1
Apartment
Last sold for $555,000
Michael TricaricoMichael Tricarico, last sold this property on 21 January 2026 after 370 days on market.

Overview

Looking For A 4.5% Yield Or Better? Two-Bedroom Gem In The Historical 'Terminus Hotel'!

Located in one of Geelong's more iconic buildings, and in one of the best locations with close proximity to the vibrant CBD and Waterfront, this spacious two bedroom apartment with long term rental potential is your next investment! The historically significant building The Terminus Hotel was built in 1853-54 to a design by the architectural firm Snell & Kawerau. Later refurbed to this quaint and friendly apartment complex, this unique apartment building with spacious open plan designs, north-east facing windows and a partial water views. Inside apartment 18, the kitchen is abundant with bench space and in lieu of an island bench, there is a huge dining and living space, perfect for entertaining and offers scope to arrange furniture to suit your lifestyle. Dinner parties are definitely possible here! Featuring a built in oven and electric cooktop, a dishwasher and euro laundry. Perfect for small families, housemates or couples. If you are searching for a multi-functional property that could be neat a central home or a great inner city investment, you must inspect. Lock up and leave to travel for months at a time or enjoy life without the need for a car. This is the lure of a secure, perfectly positioned apartment like this. Each bedroom offers a peaceful sleep with sound resistant glass making the rooms very quiet even though you are located in the centre of Geelong. One bedroom has extra space for a study nook and an ensuite. Offering two bathrooms, one newly renovated only 6 months ago, both with a large vanity, toilet and shower. You will love the lush carpets and an abundance of storage with floor to ceiling built in robes, double roller blinds throughout, intercom, security access, split system heating and cooling, downlights and ornate features. There is lift access and stairs available plus internal access to the garage where bike racks and a secure car space are available in this small apartment complex. Entry is from the side street Brougham Place and has fob access only. Located a short stroll to the Waterfront, Geelong Train Station and CBD, Deakin University and the new convention centre. This really is in the heart of Geelong! - Security access only with internal garage access - In the Heritage section of the building - Unique one of a kind layout - Large open plan living Currently offered with a fixed term tenancy until April 2026 at $500 per week. Call Michael today to avoid missing out!

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
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 18/96 Mercer St is $576.5k.

Median value
$576.5k
Estimated value range
$382k - $1.09m
Median days on market
75
Estimated value trend
-8%
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 18/96 Mercer St

2026
Sold
$555,000
21 Jan 2026 by Michael Tricarico, of Gartland
2025
Rented
Undisclosed
Leased on 10 Apr 2025 by Gartland
2017
Sold
$395,000
Private Sale/Treaty on 16 Dec 2017 by John Moran, of Whitford - Newtown

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, 44 two-bedroom apartments similar to 18/96 Mercer St, have been sold.

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

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