RateMyAgentGo to search
Back 33 Douglass Street
Off Market

33 Douglass Street

Herne Hill VIC 3218

4
4
619 m²
Block of units
Last sold for $1,135,000
Ricky ForteRicky Forte, last sold this property on 21 November 2025 after 44 days on market.

Overview

A Rare Opportunity Entire Block Of 4 Units

Opportunities like this are seldom seen in Geelong. With no body corporate and securely leased to an NDIS provider, this entire block of four units offers investors a strong, consistent return from day one. Each unit currently returns $320 per week, generating a combined annual income of $66,560. With an asking price of $1.25 million, the property offers an impressive 5.3% gross yield, a true set-and-forget investment with stable, long-term tenancy already in place. The tenants' current lease runs for 12 months, with an option to extend for a further two years, providing strong continuity and peace of mind. Beyond the immediate return, the property offers compelling future upside. Investors may explore increasing rental returns over time, enhancing the dwellings, or (subject to council approval) with the opportunity to sell the units individually. Positioned in a quiet Herne Hill pocket close to Pakington Street, Minerva Road shops, and quality schools, this blue-chip location underpins the investment with enduring demand and capital growth potential. Gas and electrical safety certificates for all four units will be completed prior to settlement. Annual rates are $4500 approx per annum and $3,100 barwon water per annum. Blocks like this rarely come to market. Once they're gone, they're gone. Contact Ricky Forte from Geelong Real Estate Co to register your interest and receive the contract of sale and condition reports.

Features

4 bedrooms
4 bathrooms
619 m² lot size
Block of units

Estimated Value

We need at least 3 similar 4 bedroom block of units sold in Herne Hill over the last 12 months.

Property history for 33 Douglass Street

2025
Sold
$1,135,000
Private Sale/Treaty on 21 Nov 2025 by Ricky Forte, of Geelong Real Estate Co.

Happy sellers in Herne Hill

87%
87% of sellers in Herne Hill reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 4 bedroom block of units in Herne Hill

Nearby agents

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

placeholder
Tom Butters

Tom Butters is an award winning recommended agent for Herne Hill.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (180 reviews)
  •  3 Reviews in Herne Hill
  •  4 Sales in Herne Hill
View profile
placeholder
Garry Middleton

Garry Middleton is a recommended agent for Herne Hill.  They have 7 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (11 reviews)
  •  2 Reviews in Herne Hill
  •  7 Sales in Herne Hill
View profile
placeholder
Josh Carter

Josh Carter is an award winning recommended agent for Herne Hill.  They have collected 2 local reviews across the last 12 months.

  •   5   (275 reviews)
  •  2 Reviews in Herne Hill
View profile
placeholder
Tony Moorfoot

Tony Moorfoot is an award winning recommended agent for Herne Hill.  They have 4 local sales and collected 1 local review across the last 12 months.

  •   4.9   (847 reviews)
  •  1 Review in Herne Hill
  •  4 Sales in Herne Hill
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap