202 Kilgour St

Off Market

202 Kilgour St

Geelong VIC 3220

Block of units

Ross Bywater, last sold this property on 24 February 2025 after 111 days on market.

Overview

Nine Studio Apartments in Prime Position – 6.1% Gross Return

Block of nine studio apartments offering an exciting opportunity to secure a high performing investment property in central Geelong, one of Australia’s fastest growing regions. The striking two-storey building sports a modernist and sustainable design, encompassing nine fully furnished studio apartments set up for low maintenance comfort. All include open plan bedroom, kitchenette with dining, bathroom plus outdoor space which extends the light-filled living area. A ground floor studio has been designed for disability access and ease of living. It features a step-free entry, a wide entry to the bathroom, which is installed with grab rails and an open, unconfined showering area. The well-maintained building also includes a common kitchen area, communal laundry facilities and an outdoor clothesline area. Special features of this property include: 12kw of solar panels, water tanks and 3-phase power supply, secure keyless access, reverse cycle heating, cooling, and instantaneous hot water service in all rooms. Reliable NBN internet service throughout. CCTV at entrance and common areas also available. The property is located in a pretty, treed-lined Fitzroy Street within the Greater Geelong City Council area and has no bushfire, flood or heritage overlays. Residents enjoy the Richmond Oval at the end of the street and being close to the city’s beautiful waterfront, medical precinct and CBD. 900m walk to South Geelong Train Station for an easy Melbourne commute. Given the quality of this property and its prime position, it has an excellent occupancy rate and earns a total income of $152,217.86 per annum. Representing a healthy gross return of 5.6%. For an Information Memorandum and to arrange a private inspection, contact Ross Bywater (0457 888 113) or Rebecca Osborne (0488 703 883).

Features

9 bedrooms

9 bathrooms

4 carspaces

4 open car spaces

Block of units

Estimated Value

We need at least 3 similar 9 bedroom block of units sold in Geelong over the last 12 months.

Property history for 202 Kilgour St

2025

Rented

Undisclosed

Leased on 14 Aug 2025 by Jellis Craig Geelong

2025

Rented

Undisclosed

Leased on 10 Jul 2025 by Jellis Craig Geelong

2025

Rented

Undisclosed

Leased on 13 Jun 2025 by Jellis Craig Geelong

Happy sellers in Geelong

<50%

Less than 50% of sellers in Geelong reported that their sale price either exceeded or met their price expectations.

Geelong stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Geelong over the last 12 months.

Local market activity for 9 bedroom block of units in Geelong

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Geelong for a free market appraisal.

Michelle Winckle

at Hayeswinckle Highton

4.9

(386 reviews)

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Lisa Emanuel

at Gartland

(3 reviews)

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Matthew Hunt

at Buxton Highton

(536 reviews)

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Tom Butters

at Buxton Newtown

4.9

(182 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Geelong

Michelle Winckle

Sellers who recommend Michelle Winckle have praised them for being clear communication, local expert, supportive, honest, hard-working, dedicated and reliable