228 Thompson RoadNorth Geelong VIC 3215
Property Details for 228 Thompson Rd, North Geelong
228 Thompson Rd, North Geelong is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 613m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Last Listing description (May 2024)
Comprising two units, on a generous 613m2 (approx.) allotment, this well presented property offers a unique opportunity for investors, or for owner occupiers to secure updated modern living with the ability to offset your purchase with rental income. Set in a central location, within walking distance of all the shopping and amenities of the Separation Street strip, local schools, Cotton On Headquarters, the Federal Mills precinct, with easy access to public transport, the Melbourne Road and Ring Road, and only 8 minutes (approx.) from the CBD, this location offers a wide appeal in terms of lifestyle and convenience.
Unit 1 offers a light-filled open plan living and dining area with adjoining recently renovated kitchen, tastefully updated with contemporary cabinetry, beautiful tiled splashback, timber benchtops, modern appliances including 600mm oven, induction cooktop, integrated dishwasher and fridge. Two bedrooms both include built-in robes and are serviced by a stunning bathroom finished in floor to ceiling tiles with free-standing bath, walk-in frameless shower, modern vanity and chic black tapware. A study nook plus European laundry make optimum use of the floorspace.
Unit 2 also enjoys a well flowing open plan layout, the living area includes a study nook and dining space, with a modern renovated kitchen featuring 900mm freestanding oven and cooktop, generous storage provisions and ample bench space. Two bedrooms include built-in robes, serviced by a central bathroom, and a separate laundry with storage.
Outdoors offers a large backyard, ample space to relax, play or entertain with established gardens, raised veggie beds and a cubby for the kids. A long driveway, carport and garage allows for excellent off street parking.
Recent property upgrades include:
Reseal & repaint roof
Replaced all gutters and downpipes
Updated split systems
Safety switch
Freshly painted interiors
Security doors
New gas hot water systems
Landscaping
Representing exceptional value in an increasingly popular area, this is an outstanding opportunity for those looking to invest in a proven growth zone, for well-designed multi-generational living, or to break into the market with scope to occupy one unit, whilst using the additional income to subsidise your mortgage!
Rental Appraisal - $380-$400 per unit per week
Property History for 228 Thompson Rd, North Geelong, VIC 3215
- 16 Oct 2023Listed for Sale $650,000 - $670,000
- 08 Jul 2017Listed for Sale Not Disclosed
- 07 Jul 2017Sold for $404,000
Recent sales nearby
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About North Geelong 3215
The size of North Geelong is approximately 5.0 square kilometres. There are 12 parks, covering nearly 16.5% of the total area. The population of North Geelong in 2016 was 2966 people. By 2021 the population was 3225 showing a population growth of 8.7% in the area during that time. The predominant age group in North Geelong is 30-39 years. Households in North Geelong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Geelong work in a professional occupation.In 2021, 56.70% of the homes in North Geelong were owner-occupied compared with 53.00% in 2016.
North Geelong has 2,467 properties. Over the last 5 years, Houses in North Geelong have seen a 16.58% increase in median value, while Units have seen a 15.52% increase. As at 31 May 2026:
- The median value for Houses in North Geelong is $770,075 while the median value for Units is $525,603.
- Houses have a median rent of $490 while Units have a median rent of $450.
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