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.q.
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.
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