8-10 Lily StreetHamlyn Heights VIC 3215
Property Details for 8-10 Lily St, Hamlyn Heights
8-10 Lily St, Hamlyn Heights is a 12 bedroom, 12 bathroom Unit with 12 parking spaces. The property has a land size of 2048m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (September 2022)
On the hunt for a quality addition to your investment portfolio offering solid rental returns and a tenant already in place? This is an exciting and incredibly rare
opportunity to secure the Freehold Investment to the Parkwood Motel, set on a prized 2,048 sqm corner lot just five minutes from the Geelong CBD and it could now be all yours.
Residentially Zoned land offering future development potential. In this prime location it's hard to go past this unique offering. With 16 years remaining on the lease, time is on your side for a long-term strategy redeveloping the site (stca). Or with long term tenants who have proven track record enjoy the solid rental yield, tenant pays all outgoings with built in market reviews.
Simply an opportunity not to be missed.
(Please note motel business not for sale)
Inspections strictly by appointment only.
Terms: 10% Deposit, 30/60/90 Day Settlement
Auction to be conducted Online & On Site (Government Regulations Permitting).
Property History for 8-10 Lily St, Hamlyn Heights, VIC 3215
- 11 Nov 2021Sold for $1,630,000
- 30 Sep 2021Listed for Sale AUCTION 11/11/21
- 17 Oct 2014Sold for $600,000
Recent sales nearby
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0About Hamlyn Heights 3215
The size of Hamlyn Heights is approximately 4.0 square kilometres. It has 9 parks covering nearly 2.6% of total area. The population of Hamlyn Heights in 2016 was 6293 people. By 2021 the population was 6518 showing a population growth of 3.6% in the area during that time. The predominant age group in Hamlyn Heights is 30-39 years. Households in Hamlyn Heights are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hamlyn Heights work in a professional occupation.In 2021, 68.20% of the homes in Hamlyn Heights were owner-occupied compared with 69.10% in 2016.
Hamlyn Heights has 3,447 properties. Over the last 5 years, Houses in Hamlyn Heights have seen a 31.42% increase in median value, while Units have seen a 39.17% increase. As at 30 November 2025:
- The median value for Houses in Hamlyn Heights is $796,692 while the median value for Units is $566,579.
- Houses have a median rent of $500 while Units have a median rent of $440.
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