LEVEL 1/20 Gheringhap Street, Geelong, VIC 3220 | Property Value & History | OnTheHouse
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LEVEL 1/20 Gheringhap Street
Geelong VIC 3220

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 370m2
Land area: 1772m2
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Property Details for Level 1/20 Gheringhap St, Geelong

Building Type
Commercial
Floor Size
370m2
Land Size
1772m2
Local Government
Greater Geelong
Lot/Plan
S2/PS834010

Last Listing description (August 2023)

Quintessential Equity is proud to present its latest commercial office development to the transforming landscape of Geelong's Central Business District.

The A-Grade office project follows Quintessential Equity's recent completion of the City of Greater Geelong's new headquarters to form an integrated civic precinct now known as Wurriki Nyal.

Having secured Development Approval, 20 Gheringhap Street will complete the City's ground-breaking urban regeneration initiative to transform the 6,670 square metres* CBD site. The completed precinct will represent an investment of over $200 million between government and the private sector.

Designed by leading firm Cox Architecture, 20 Gheringhap Street will be a striking addition to the Geelong landscape, featuring a contemporary curved building form, permeable and activated ground plane with interconnecting access to Wurriki Nyal and on wards to Geelong's parklands and waterfront.

With a solid reputation for quality and strong focus on occupier relationships, Quintessential Equity is now investing an additional $125 million to support the rapid population growth in Geelong, following the successful delivery of three landmark office buildings: 1 Malop Street, 60 Moorabool Street and Wurriki Nyal, the City's new HQ.

QE worked in close collaboration with the City and the Wadawurrung Traditional Owners on the design and delivery of the Wurriki Nyal Civic Precinct, providing the perfect place for locals and employees to gather and enjoy the growing precinct. Geelong is experiencing exponential growth with more people realising the potential of the coastal town, highlighting post-COVID trends of people desiring a 'sea change' and moving away from Melbourne.

With greater variety of employment and education opportunities, as well as diverse affordable housing options and a relaxed lifestyle, Geelong will continue to see an influx of people moving from the bigger cities.

Building features:

- 11,000 square metres* of PCA A-Grade Office
- 20 Gheringhap Street provides a next-generation workplace focusing on sustainable design,
health, wellness, and connectivity.
- Activated ground plane with a variety of retail and hospitality offerings.
- Premium wellness facilities complement the building, including club style end-of trip
facilities.
- Maximum floor plate flexibility, minimal columns, side core and floor to ceiling windows,
accentuating natural light and views across the park.
- The base building design sets a new benchmark for inclusivity, providing all gender toilets
on each level, in addition to changing places facility and accessible amenities with the end
of trip facilities.

Geelong Fast facts:

- Geelong is one of Australia's most livable and fastest growing cities, with the population
projected to increase to 360,250 by 2036.
- As the local population and economy continues to grow, Geelong is set to evolve into a
centralised cultural, employment and lifestyle hub.
- Quick access to the Geelong Railway Station, Cunningham Pier ferry, the Busport
Interchange to Melbourne and from October 2022, the Spirit of Tasmania will be calling
Geelong home.
- According to ABS Regional population 2020-21 data, the Greater Geelong LGA experienced
Victoria 3rd highest net internal migration increase of 4,305 people moving to the region
with an overall net increase of the local population to 269,508 (reference).

For further information please contact Colliers leasing agent Ben Young on 0407 296 679 or contact JLL leasing agent Joshua Tebb on 0414 755 881.

Proudly Developed by
Quintessential Equity

*Approx

Property History for Level 1/20 Gheringhap St, Geelong, VIC 3220

A timeline of how this property has performed in the market
Last Sold
$590,000
05 Jul 2006
Listed for Rent
$5/w
14 Aug 2023
  • 28 Oct 2022
    Listed for Rent - Price not available
  • 05 Jul 2006
    Sold for $590,000
  • 14 Mar 2006
    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 37 properties listed for sale, and 14 properties listed for rent in Geelong on OnTheHouse. According to Cotality's data, 204 properties were sold in the past 12 months in Geelong.

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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.