Back 701/18 Malone Street
Off Market

701/18 Malone Street

Geelong VIC 3220

2
2
1
Apartment
Last sold for $640,000
Carl McCannCarl McCann, last sold this property on 25 April 2024 after 71 days on market.

Overview

Occupy or Invest in Thriving Waterfront Precinct

Perfectly positioned to enjoy the best of the city and bay, this high end apartment offers a wonderful lifestyle or outstanding investment opportunity in our vibrant Waterfront precinct. Situated in the renowned Mercer complex, a short stroll from an array of restaurants, bars, entertainment, the CBD, special events, the Geelong Arts Centre, Johnstone Park, and moments from the planned Geelong Events and Conference Centre development, this location places you on the doorstep of all the best attractions of the city, with easy access to and from Melbourne via road, nearby Geelong Station, or the Docklands ferry. Stepping into the apartment, the open plan living area showcases clean lines, white interiors and contemporary flooring creating an elegant aesthetic within. The high end kitchen features waterfall stone benchtops, quality Miele appliances including 600mm oven, gas cooktop, semi-integrated dishwasher, sleek cabinetry and excellent storage solutions. The living area opens out to a balcony providing a private space to enjoy your morning coffee or evening wine whilst taking in the surrounding skyline. The complex also offers a communal terrace and barbeque area, providing an alternative space to enjoy the outdoors, with elevated views across the bay and beyond. Two bedrooms include built-in robes, the main with ensuite, bedroom two serviced by a separate central bathroom. Both bathrooms are luxuriously finished in floor to ceiling tiles, with modern vanities, stone benchtops, mirror cabinets with lighting, spacious showers, quality fittings and tapware. Individual split system heating and cooling in the living and bedrooms allows everyone to enjoy their preferred climate, and a European laundry adds to the well-considered functionality of the property. Additional facilities include a secure car space, storage cage, as well as exclusive use of the residents’ gymnasium. Representing exceptional value for premium bayside real estate, this is an outstanding opportunity to enter the coveted Waterfront precinct and enjoy all the rewards that come with this spectacular location.

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 701/18 Malone Street 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 701/18 Malone Street

2024
Sold
$640,000
25 Apr 2024 by Carl McCann, of Buxton (Geelong East) Pty Ltd

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, 45 two-bedroom apartments similar to 701/18 Malone Street, have been sold.

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

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