1/2 Waratah Street, Geelong West, VIC 3218 | Property Value & History | OnTheHouse
OFF MARKET

1/2 Waratah Street
Geelong West VIC 3218

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1081m2
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Property Details for 1/2 Waratah St, Geelong West

Building Type
Commercial
Land Size
1081m2
Local Government
Greater Geelong
Lot/Plan
S4/PS611365

Last Listing description (August 2026)

This property represents an exciting blend of character and clever modern design offering a rare opportunity to secure a high-quality workspace in a tightly held Geelong West pocket.Incorporating the Powerhouse and Cafeteria of the Historic Geelong West Rope Works this recently built modern office space is positioned adjacent to Pakington Strand in Geelong West and meters from Pakington Street's hospitality strip. The property delivers on amenity and convenience for staff and clients alike with 11 on-site car spaces and abundant surrounding street parking; a standout feature rarely seen in comparable office assets.Internally, the property is designed for functionality and presentation, featuring an impressive entry and boardroom alongside expansive open-plan work areas, with approximately 471m on the ground floor and 146m on level one. The flexible 617m floor plan suits a range of professional, consulting or service-based occupiers.Offering scale, accessibility and strong amenity in a prime semi-urban setting, this is a compelling alternative to CBD office accommodation without the associated cost and congestion.Key Features- Premium Geelong West office in an amenity-rich location- 617m flexible floor plan across two levels-11 on-site car spaces a rare offering in the Geelong Region- Immediate access to Pakington Street cafs, retail and services- Free surrounding street parking cost-effective CBD alternativeProximity Guide- Grill'd Geelong West approx. 0.1km- Australia Post Geelong West approx. 0.2km- NAB Geelong West approx. 0.2km- Woolworths Geelong West approx. 0.3km- ANZ Geelong West approx. 0.3km- Chemist Warehouse Geelong West approx. 0.4km

Property History for 1/2 Waratah St, Geelong West, VIC 3218

A timeline of how this property has performed in the market
Last Sold
$800,000
02 Feb 2011
  • 14 Apr 2026
    Listed for Rent - Price not available
  • 02 Feb 2011
    Sold for $800,000
  • 25 Nov 2008
    Sold for $440,000
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About Geelong West 3218

The size of Geelong West is approximately 2.3 square kilometres. There are 5 parks, covering nearly 2.4% of the total area. The population of Geelong West in 2016 was 6966 people. By 2021 the population was 7345 showing a population growth of 5.4% in the area during that time. The predominant age group in Geelong West is 30-39 years. Households in Geelong West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Geelong West work in a professional occupation.In 2021, 57.50% of the homes in Geelong West were owner-occupied compared with 57.40% in 2016.

Geelong West has 4,794 properties. Over the last 5 years, Houses in Geelong West have seen a 2.33% increase in median value, while Units have seen a 5.19% increase. As at 31 July 2026:

  • The median value for Houses in Geelong West is $863,406 while the median value for Units is $549,216.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 9 properties listed for sale, and 10 properties listed for rent in Geelong west on OnTheHouse. According to Cotality's data, 204 properties were sold in the past 12 months in Geelong west.

Suburb Insights for Geelong West 3218

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Cotality Copyright and Legal Disclaimers about Property Data
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.