89 Ryrie StreetGeelong VIC 3220
Property Details for 89 Ryrie St, Geelong
Last Listing description (June 2025)
EXCEPTIONAL FREEHOLD ON OFFER
First Floor Residential Tenant - Current Rent: $410.00 Per week
Ground Floor + Mezz Level with Vacant possession - 107m2 approx
Ready for occupation ground floor
Strong Ryrie Street position
Gartland is excited to offer for sale the freehold of 89 Ryrie Street, Geelong. This property provides a unique opportunity with dual spaces that cater to both residential and commercial needs.
The property currently features a two-bedroom residential apartment that is leased, providing a steady income stream. Additionally, the ground and mezzanine-level commercial spaces are vacant, offering the potential to either owner-occupy or lease out for further investment returns.
This versatile property is perfect for those seeking to capitalize on a mixed-use investment, whether you're looking to generate residential income or develop a strong commercial presence in a sought-after location.
Surrounded by high-end retailers, popular cafs and renowned dining venues, the property is set within an established catchment area, ensuring sustained demand and growth potential.
Land area of 89m* with rear access from Downes Ln off Little Malop Street.
Building area of 160m* over two (2) levels approx
Prime Ryrie Street frontage with excellent exposure
Zone: Activity Centre Zone 1
Don't miss out on this exceptional opportunity-contact Gartland today!
Property History for 89 Ryrie St, Geelong, VIC 3220
- 23 Oct 2025Sold for $955,000
- 09 Apr 2025Listed for Sale Contact Agent
- 21 Mar 2019Listed for Rent $216,000 / year
Recent sales nearby
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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 6,471 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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