RateMyAgentGo to search
Back 204/16 The Esplanade
Active

204/16 The Esplanade

Geelong VIC 3220

1
1
1
Apartment
Currently for sale - view listing

Overview

Set & Forget Waterfront Investment with Secure Returns

Positioned on the iconic Geelong Waterfront, Apartment 204 at 16 The Esplanade South presents a rare opportunity to secure a hassle-free 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 drive strong, consistent demand. Leased to Quest under a secure long-term agreement, this is a true "set and forget" investment. With a flat fee net return paid regardless of occupancy, investors can enjoy reliable income and peace of mind, supported by annual rental increases built into the lease. Investment Snapshot 1. Approx. $23,958 net annual return 2. 4% annual rent increases 3. Lease secured until 2030 + further options 4. Income paid regardless of occupancy Property Features 1. $35,000 refurbishment recently completed 2. Modern, updated interior throughout 3. Stone benchtops & quality finishes 4. 56.53m² internal living plus balcony Outgoings 1. Owners Corporation: $2,965.42 p.a. 2. Council Rates: ~$1,741 p.a. Offering guaranteed income, a premium waterfront position and a professionally managed lease, this is an outstanding opportunity for investors seeking simplicity, stability and long-term growth in the heart of Geelong.

Features

1 bedroom
1 bathroom
1 carspace
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 1 bedroom apartments in Geelong

In the last 12 months, 15 one-bedroom apartments similar to 204/16 The Esplanade, have been sold.

This represents a 30% decrease in one-bedroom apartments sales when compared to the previous 12 months.

RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap