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Overview
8/16 The Esplanade South, Geelong - VIC 3220
This meticulously renovated two-bedroom apartment offers a worry-free investment opportunity with guaranteed returns, currently returning over 7% net per annum. The property is managed by a reputable industry expert, ensuring comprehensive leasing and maintenance services for investor peace of mind.
The apartment features a contemporary kitchen and generously proportioned living spaces that create a comfortable and modern living environment. Split-system heating and cooling provide climate control in the living areas and master bedroom, enhancing year-round comfort. Convenience is further enhanced by in-unit laundry facilities and an inviting outdoor balcony, perfect for relaxation.
With a solid annual rental income and a secure pre-existing lease agreement in place, this apartment promises steady growth and reliable returns. The lease agreement includes 4% yearly increases every November, adding to the investment's appeal.
- Long lease agreement with annual 4% increases
- Freshly renovated with contemporary finishes
- Spacious living areas complemented by a modern kitchen
- Split-system heating and cooling in living areas and master bedroom
- Convenient in-unit laundry facilities; fully furnished
- Secure parking within the complex
- Guaranteed returns backed by a secure lease agreement
- Prime inner-city location with easy access to the Bay and city amenities
- Convenient commute to Melbourne and the Surfcoast
Ideally situated close to both the Central Business District and the waterfront, this property offers easy access to Geelong's first-class facilities and amenities. This investment is an outstanding prospect for those seeking a secure and profitable addition to their portfolio.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Geelong VIC 3220
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 94 m² |
Market Insights for Geelong VIC 3220
Other properties in this postcode
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