5/6-8 Kadak PlaceBreakwater VIC 3219
Property Details for 5/6-8 Kadak Pl, Breakwater
Last Listing description (November 2024)
Colliers is pleased to offer to the market For Sale Warehouse 5/6-8 Kadak Place, Breakwater.
This is your opportunity to secure a low maintenance investment in one of Geelong's premier industrial estates. Offered with a 2-year lease to an established tenant, don't miss this opportunity to secure this low-risk opportunity.
Key Features:
- 5.5 kilometres* from Geelong CBD
- Well-appointed office
- On-site parking
- Disabled access and facilities
- Industrial 1 zoning
For Sale: $600,000 + GST
For further information please contact Colliers agents Ben Young 0407 296 679 or Chris Nanni 0438 306 361 or Jackson Carrick 0428 879 994.
*Approximately
Property History for 5/6-8 Kadak Pl, Breakwater, VIC 3219
- 08 Oct 2024Listed for Sale $600,000 + GST
- 08 Oct 2024Sold for $545,000
- 23 Aug 2021Sold for $396,000
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About Breakwater 3219
The size of Breakwater is approximately 3.1 square kilometres. It has 7 parks covering nearly 32.0% of total area. The population of Breakwater in 2016 was 1014 people. By 2021 the population was 1060 showing a population growth of 4.5% in the area during that time. The predominant age group in Breakwater is 20-29 years. Households in Breakwater are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Breakwater work in a community and personal service occupation.In 2021, 59.80% of the homes in Breakwater were owner-occupied compared with 60.80% in 2016.
Breakwater has 1,134 properties. Over the last 5 years, Houses in Breakwater have seen a 29.35% increase in median value, while Units have seen a 28.54% increase. As at 31 March 2026:
- The median value for Houses in Breakwater is $734,611 while the median value for Units is $522,772.
- Houses have a median rent of $450 while Units have a median rent of $450.
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