15-23 Ryrie Street, Geelong, VIC 3220 sold on 19 September 2025 | OnTheHouse
SOLD
Sold on 19 Sep 2025 for $1,250,000

15-23 Ryrie Street
Geelong VIC 3220

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 162m2
Land area: 714m2
Sold By
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Adam Farrell
Gartland
agent headshot
Michael De Stefano
Gartland
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Property Details for 15-23 Ryrie St, Geelong

Building Type
Commercial
Floor Size
162m2
Land Size
714m2
Local Government
Greater Geelong
Lot/Plan
8~55/PP5311

Last Listing description (November 2025)

Gartland are pleased to offer for sale the freehold of 19-23 Ryrie Street, Geelong.

Comprised of 714sqm of land in Activity Center Zone 1 and 162sqm of building, this property is ideally positioned in a high exposure area. With exceptional exposure and significant future development potential, it represents an outstanding opportunity for investors and developers.


Currently leased to a national retailer for $76,107.48 per annum + GST + Outgoings, the tenant has committed to a 3-year lease.

Whether you're looking to capitalize on the secure returns or unlock the future potential of this sought-after location, this property presents unparalleled opportunities for growth.

Property Features:
Land Area: 714sqm
Build Area: 162sqm
National Retailer - Chemist Warehouse
Passing Rent: $76,107 PA + GST + Outgoings
Lease Term: 3 Years Starting June 2025
Excellent Long Term Tenant

For more information or to schedule a viewing, contact us today.

Property History for 15-23 Ryrie St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$1,250,000
19 Sep 2025
Listed for Rent
$1.25k/w
20 Mar 2013
  • 19 Sep 2025
    Sold for $1,250,000
  • 02 Sep 2025
    Listed for Sale $1,385,000
  • 16 May 2025
    Listed for Sale $1,385,000
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About Geelong 3220

The size of Geelong is approximately 3.3 square kilometres. It has 17 parks covering nearly 8.9% of total area. The population of Geelong in 2016 was 5210 people. By 2021 the population was 5811 showing a population growth of 11.5% in the area during that time. The predominant age group in Geelong is 20-29 years. Households in Geelong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong work in a professional occupation.In 2021, 53.60% of the homes in Geelong were owner-occupied compared with 54.00% in 2016.

Geelong has 6,473 properties. Over the last 5 years, Houses in Geelong have seen a 18.49% increase in median value, while Units have seen a 5.96% increase. As at 31 January 2026:

  • The median value for Houses in Geelong is $885,688 while the median value for Units is $656,924.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 34 properties listed for sale, and 12 properties listed for rent in Geelong on OnTheHouse. According to Cotality's data, 213 properties were sold in the past 12 months in Geelong.

Suburb Insights for Geelong 3220

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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.