18 The Esplanade S, Geelong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1007m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in May 1999.
For Investors Only Set-and-Forget Passive Investment OpportunityPositioned within the well-established Quest serviced apartment complex in the heart of Geelongs vibrant waterfront precinct, this spacious twin-key apartment presents an exceptional opportunity for investors seeking secure passive income, long-term lease certainty, strong cash flow, and low-maintenance ownership within a professionally managed accommodation asset.Designed for flexibility and maximum rental appeal, the apartment offers an impressive layout including two generously sized bedrooms, two bathrooms, two fully equipped kitchens, separate laundry facilities, spacious living and dining zones, a private balcony, and secure car parking on title.Held within the professionally managed Quest complex, this investment offers the benefits of a long-term lease agreement, minimal owner involvement, and stable ongoing returns, making it an ideal set-and-forget addition to any investment portfolio.Investment Highlights Strong rental return with high cash flow Long-term secure lease arrangement Professionally managed by Quest Minimal ongoing owner involvement Low-maintenance investment opportunity Ideal passive income asset Twin-key configuration enhancing rental flexibility and demandLifestyle & LocationPerfectly positioned along Geelongs sought-after waterfront, the property is only moments from Eastern Beach, Deakin University Waterfront Campus, Geelong CBD, restaurants, cafs, shopping precincts, public transport, and major medical and corporate facilities.Its premium waterfront location continues to support strong accommodation demand from business travellers, holiday guests, and long-term occupants alike, reinforcing the propertys long-term investment appeal.Combining secure income, strong returns, professional management, and an unbeatable waterfront location, this is a rare opportunity to secure a high-performing investment within one of Geelongs most tightly held serviced apartment complexes.Disclaimer: We have in preparing this document used our bestendeavoursto ensure that theinformation contained in this document is true and accurate, but accept no responsibility anddisclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in thisdocument. Prospective purchasers should make their own enquiries to verify the informationcontained in this document. Purchasers should make their own enquires and refer to the duediligence check-list provided by Consumer Affairs. Click on the link for a copy of the duediligence check-listfrom Consumer Affairs.http://www.consumer.vic.gov.au/duediligencechecklist
The size of Geelong is approximately 3.3 square kilometres. There are 17 parks, covering nearly 8.9% of the 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 6,463 properties. Over the last 5 years, Houses in Geelong have seen a 3.64% increase in median value, while Units have seen a -3.24% decrease. As at 31 May 2026:
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