107 A&B/16 The Esplanade, Geelong, VIC, 3220

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Geelong

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107 A&B/16 The Esplanade, Geelong, VIC, 3220

Apartment

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30+ days on the market

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What's around 107 A&B/16 The Esplanade

Set & Forget Quest Investment Returning $34K+ with Growth

Positioned on the iconic Geelong Waterfront, Apartment 107/16 The Esplanade South presents a premium dual-income 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 deliver consistent demand and long-term appeal. Leased to Quest under a secure long-term agreement, this is a true "set and forget" opportunity. Returning approx. $34,226 per annum + GST with 4% annual increases, the property offers reliable, growing income backed by a professionally managed lease structure and strong tenant covenant. Investment Snapshot $34,226 per annum + GST 4% annual rent increases 5-year lease from November 2025 5 further 5-year options available Property Features Full refurbishment completed Modern, well-maintained interiors Dual apartment configuration (107 A & B) Low-maintenance, professionally managed asset Outgoings Owners Corporation: $4,192.50 p.a. Council Rates: $2,601.50 p.a. Water: $197 p.a. Land Tax: $500 p.a. Offering strong returns, built-in rental growth and a premium waterfront position, this is an outstanding opportunity for investors seeking a secure, hands-off asset with long-term income certainty in the heart of Geelong.