Back 8/16 The Esplanade
Active

8/16 The Esplanade

Geelong VIC 3220

2
1
1
94 m²
Apartment
Currently for sale - view listing

Overview

Prime Bayside Investment Opportunity

Returning over 7% net p/a, this worry-free investment with guaranteed returns is a brilliant investment opportunity! Presenting a meticulously renovated two-bedroom apartment impeccably managed by Quest, a renowned industry expert. Quest takes care of every facet of leasing and maintenance, ensuring your peace of mind. Inside, you'll find a contemporary kitchen, generously proportioned living spaces, split-system heating and cooling, convenient laundry facilities and an inviting outdoor balcony. With a solid annual rent income, this apartment promises steady growth and comes with the added security of a pre-existing lease agreement. Ideally located close to both the CBD and waterfront, this property provides easy access to all of the first class facilities Geelong has to offer. Act promptly to secure this outstanding investment prospect. - Long lease agreement in place. 4% yearly increases every November - Freshly renovated with contemporary finishes - Spacious living areas and a modern kitchen enhance the living experience - Split-system heat and cool in the living areas and master bedroom - In-unit laundry facilities for convenience. Fully furnished. - Secure parking within the complex provides peace of mind - A secure lease agreement is already in place. Guaranteed returns - The inner-city location offers easy access to the Bay and city amenities - Easy commute to Melbourne and the Surfcoast

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
94 m² floor area
Apartment

Property history for 8/16 The Esplanade

2022
Sold
$510,000
26 May 2022 by Emilly Simmonds, of Compton Green Geelong

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 8/16 The Esplanade, have been sold.

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

© 2026 RateMyAgent