11/17-19 Stephen Street, Belmont, VIC 3216 sold on 20 March 2025 | OnTheHouse
SOLD
Sold on 20 Mar 2025 for $650,000

11/17-19 Stephen Street
Belmont VIC 3216

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 248m2
Sold By
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Adam Farrell
Gartland
agent headshot
Harry Brook
Gartland
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Property Details for 11/17-19 Stephen St, Belmont

Building Type
Commercial
Land Size
248m2
Local Government
Greater Geelong
Lot/Plan
2/LP85232

Last Listing description (June 2025)

New 5 year Lease To The Wellness Studio
Further terms of 5X5X5
Lease Commencement: 28th of November 2024

Gartland are delighted to offer this immaculate fully leased freehold investment at 11/17-19 Stephen Street, Belmont For Sale via Private Sale method.

Key attributes include:
5 + 5 + 5 + 5 lease from 28th November 2024 to The Wellness Studio which provide a range of services to improve your Health & Wellbeing making you feel refreshed & rejuvenated and ready to tackle the World.
Returning $33,090.10 Per annum plus GST + Outgoings with CPI annual increases and Market review at option
The property is conveniently located in a boutique shopping strip which includes several stand out businesses.
You are extremely well serviced by the Belmont residential area stretching all the way to Waurn Ponds

Don't miss out on this rare chance to secure a tightly held Commercial 1 Zoned freehold in one of Geelong's most rapidly expanding residential areas. With a new secure lease in place until 2044, this property is tenanted by a well-known and trusted business, ensuring long-term stability and consistent rental income.

Zoning: Commercial 1 Zone
Building Area: 89sqm*
Land Area: 248sqm*

Whether you're looking to grow your portfolio or secure your first commercial investment, this is an opportunity that shouldn't be overlooked.

Property History for 11/17-19 Stephen St, Belmont, VIC 3216

A timeline of how this property has performed in the market
Last Sold
$650,000
20 Mar 2025
  • 20 Mar 2025
    Sold for $650,000
  • 21 Feb 2025
    Listed for Sale $660,000 - $720,000
  • 23 Sep 2011
    Sold for $160,000
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About Belmont 3216

The size of Belmont is approximately 9.2 square kilometres. It has 31 parks covering nearly 24.7% of total area. The population of Belmont in 2016 was 14054 people. By 2021 the population was 15066 showing a population growth of 7.2% in the area during that time. The predominant age group in Belmont is 20-29 years. Households in Belmont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation.In 2021, 62.80% of the homes in Belmont were owner-occupied compared with 64.50% in 2016.

Belmont has 8,216 properties. Over the last 5 years, Houses in Belmont have seen a 27.53% increase in median value, while Units have seen a 23.36% increase. As at 30 November 2025:

  • The median value for Houses in Belmont is $765,219 while the median value for Units is $536,605.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 20 properties listed for sale, and 10 properties listed for rent in Belmont on OnTheHouse. According to Cotality's data, 447 properties were sold in the past 12 months in Belmont.

Suburb Insights for Belmont 3216

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.