340-344 Melbourne Road, North Geelong, VIC 3215 sold on 28 February 2025 | OnTheHouse
 
SOLD
Sold on 28 Feb 2025 for $9,350,000

340-344 Melbourne Road
North Geelong VIC 3215

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5560m2
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Property Details for 340-344 Melbourne Rd, North Geelong

Building Type
Commercial
Land Size
5560m2
Local Government
Greater Geelong
Lot/Plan
PC356203

Last Listing description (April 2023)

GormanKelly & Gartland are delighted to offer 340-344 Melbourne Road, North Geelong for sale by Expression of Interest closing Thursday 30th March 2023 at 2pm.

Key highlights of this opportunity include:

Existing Buildings of 3,750sqm* + mezzanine showroom & offices of 1,000sqm*

Massive combined frontage of 149.3 metres to Melbourne Road & Collopy Street

Approved permit for extensive refurbishment use as showroom & workshop

Extremely rare opportunity to secure a significant Highway frontage.

To be offered with Vacant Possession

The best site and only opportunity to build now showrooms on Princes Hwy in Geelong. With loading access, on-site parking and excellent exposure surrounded by local and National Occupants including Sydney Tools, Routleys Bakery (Est 1947), Super Cheap Auto, Beaumont Tiles, Kennards, Beacon Lighting, Tyrepower, Australia Post and many more.

Approximately 500 metres from Corio Quay, the new home of Spirit of Tasmania.

For more information, please contact the exclusive sales and marketing agents:

GORMANKELLY

Nick Breheny
0411 601 730
nbreheny@gormankelly.com.au

Francis Sbaglia
0418 565 918
francis@gormankelly.com.au

GARTLAND

Michael De Stefano
0401 444 118
michael@gartland.com.au

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Property History for 340-344 Melbourne Rd, North Geelong, VIC 3215

A timeline of how this property has performed in the market
Last Sold
$9,350,000
28 Feb 2025
Listed for Rent
27 Feb 2023
  • 28 Feb 2025
    Sold for $9,350,000
  • 06 Apr 2023
    Sold for $6,380,000
  • 03 Mar 2023
    Listed for Sale Contact Agent
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About North Geelong 3215

The size of North Geelong is approximately 5.0 square kilometres. It has 12 parks covering nearly 16.5% of 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 2,461 properties. Over the last 5 years, Houses in North Geelong have seen a 33.93% increase in median value, while Units have seen a 34.69% increase. As at 30 November 2025:

  • The median value for Houses in North Geelong is $753,117 while the median value for Units is $514,762.
  • Houses have a median rent of $458 while Units have a median rent of $480.
There are currently 5 properties listed for sale, and 2 properties listed for rent in North geelong on OnTheHouse. According to Cotality's data, 106 properties were sold in the past 12 months in North geelong.

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© Copyright 2025. 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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