206 Myers Street Geelong
SOLD

206 Myers Street Geelong

  • 7Beds
  • 6Baths
  • 10Cars
Hodges - AuctionSOLD Wed 25 Mar 2020
$2,155,000

SIX OF THE BEST IN PRIME POSITION

CONTACT US TODAY TO ARRANGE YOUR ONE-ON-ONE APPOINTMENT

Check in for a rare opportunity with this block of six apartments operating as short-stay or long-term rentals on the edge of Geelong’s city centre.

The updated and renovated units are perfectly positioned within a few hundred metres of University Hospital and an easy walk to the CBD and waterfront.

The sale of the 919sq m (approx.) block that is home to Geelong Serviced Apartments includes all existing furniture and fittings to continue the business with potential income of $150,000 to $200,000 per annum.

The sale could also attract a new owner to live on-site in one apartment and manage rental of the remaining five, or as a superannuation investment.

Apartment No. 1 has two bedrooms with built-in robes, a generous, light-filled dining and lounge room, sparkling new kitchen and large bathroom with a washing machine and separate trough.

All the apartments have the same practical kitchen design, including electric hotplates.

Unit No. 2 is a studio apartment with a bedroom/living area, built-in robes, kitchen and bathroom, while Nos. 3-6 are one-bedroom units with robes, separate lounge/dining area with space for an extra single bed, kitchen and bathroom with laundry.

Other highlights include smart TVs, split-system heating and cooling, north-facing verandahs, lock-up storage room, undercover parking for ten cars and well-maintained, low-maintenance gardens.

The apartments are also within easy reach of St John of God Hospital, East Geelong shopping centre, Deakin University’s waterfront campus, the Geelong Flyer ferry, Geelong and South Geelong railway stations and GMHBA Stadium.

On the radar

Geelong - 3220

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