204 Moorabool StreetGeelong VIC 3220
Property Details for 204 Moorabool St, Geelong
Last Listing description (June 2022)
Set on prized Moorabool Street with two street frontages and on the doorstep of St John of God Hospital, this rare offering of two shops on the one title will suit the astute purchaser looking for blue-chip commercial property with attractive returns.
This rare offering on Geelong's most sought-after retail strip offers two adjoining shops, one with a current lease in place with the highly successful long term tenant Sam's Caf and the adjoining shop currently vacant to suit owner occupier or relet for strong returns.
Located in the heart of the Geelong CBD and surrounded by landmark properties including the medical precinct, the many apartment towers, the performing arts building, the library and only a short stroll to the waterfront this property is set for high capital growth.
- Land size 312sqm, two street access
- 206 Moorabool St (Sam's Caf) floor area 112sqm (approx). Current lease $30,000 per annum plus GST, plus outgoings, annual 3 % increase, term 5yrs x 5yrs
- 204 Moorabool St floor space 112sqm plus mezzanine of 65sqm currently vacant, projected income $40,000 per annum
- Located in the heart of the Geelong CBD
- Geelong's premier retail strip surrounded by long-standing businesses
- Rear access via Baylie Place offering car parking
- High exposure site
- Activity Centre Zone 1
- Suited to investors looking for high capital growth
- Suited to owner-occupier
- Potential for future development
- Freehold only
Property History for 204 Moorabool St, Geelong, VIC 3220
- 09 Jun 2022Sold for $1,540,000
- 10 May 2022Listed for Sale Contact Agent
- 01 Jul 1986Sold for $42,000
Recent sales nearby
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0About 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 6,471 properties. Over the last 5 years, Houses in Geelong have seen a 18.89% increase in median value, while Units have seen a 5.03% increase. As at 31 December 2025:
- The median value for Houses in Geelong is $864,626 while the median value for Units is $653,252.
- Houses have a median rent of $545 while Units have a median rent of $500.
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