94 Western Beach Road, Geelong, VIC 3220 | Property Value & History | OnTheHouse
 
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94 Western Beach Road
Geelong VIC 3220

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Land area: 16174m2
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Property Details for 94 Western Beach Rd, Geelong

Building Type
Commercial
Land Size
16174m2
Local Government
Greater Geelong

Last Listing description (December 2025)

Opening in 2026 - Secure Your Space in This Landmark Precinct

A world-class waterfront destination is taking shape in the heart of Geelong. Nyaal Banyul will deliver a major convention and event centre, the region's largest hotel, the 200-room Crowne Plaza, alongside activated public spaces and curated retail and hospitality, all set against the stunning backdrop of Corio Bay. The precinct will welcome significant year-round traffic from conventions, conferences, exhibitions, business events, live performances, hotel guests, tourists, students and locals.


Perfectly positioned next to Deakin University and minutes from Geelong Train Station, operators will benefit from strong accessibility and pedestrian movement through the precinct. Modern architectural design, ample facilities and flexible configuration options ensure the spaces can be tailored to suit premium offerings seeking a high-profile presence on the waterfront.

Strong momentum secured, with Tenancy 1A & 1B leased to a proven hospitality operator showcasing the best of local food and drink. The project is committed to partnering with high-calibre operators and who will contribute to the activation and vibrancy of the precinct.

Tenancy 3 & 4 - Ground & Mezzanine
880sqm (approx.) internal area across two levels plus 100sqm (approx.) exclusive outdoor terrace
A landmark hospitality opportunity with event plaza frontage and stunning bay views from both levels. This versatile tenancy can be taken as a whole two-level space or separated into individual levels to suit different business models, providing flexibility for premium hospitality, gastro pub, fast causal dining or fine dining operators.

Tenancy 5 - Mezzanine
228sqm (approx.) boutique tenancy
Ideal for premium dining, potential wellness uses, i.e. day spas, beauty therapy, fitness or pilates studios looking to connect directly with delegates, theatregoers and guests. Elevated positioning provides excellent sightlines towards Corio Bay and the activated public realm below.

Both tenancies are located to capture direct footfall from two large exhibition halls, a 1,000-seat theatre, multiple function and conference spaces and the incoming hotel, ensuring strong and diverse trade drivers throughout the week.

Key Benefits of the Precinct:
High-volume visitation from events, accommodation and education activity
Waterfront location with exceptional visibility, pedestrian access and bay outlooks
Contemporary building services and flexible design parameters
Positioned within one of Victoria's fastest-growing regions
Future development stages to further increase demand

Be part of Geelong's next iconic destination and secure a premium presence within this transformational waterfront project.

Contact our agents for more information, detailed plans and inspections.

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Property History for 94 Western Beach Rd, Geelong, VIC 3220

A timeline of how this property has performed in the market
Listed for Rent
$1.73k/w
15 Dec 2025
  • 11 Dec 2025
    Listed for Rent - Price not available
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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.
There are currently 32 properties listed for sale, and 15 properties listed for rent in Geelong on OnTheHouse. According to Cotality's data, 211 properties were sold in the past 12 months in Geelong.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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