50 Douro StreetNorth Geelong VIC 3215
Property Details for 50 Douro St, North Geelong
Last Listing description (April 2016)
What we have on offer here is a great opportunity for someone to commence their own business venture. My client is retiring after 53 years in the industry and wishes to pursue other interests. This property is sited in Douro Street, North Geelong on the main thoroughfare connecting Victoria Street to Separation Street and has always had plenty of passing trade. It has been operated as a smash repairer but I believe the potential now is to not just do that, but think about Pimp My Ride, Choppers, renewing old metal toys that there is a growing market for or motorcycles, bikes etc... Only will be limited by your imagination! Set up with paint booth, mixing room and one of the best, neatest and well looked after tool collections that I have seen in recent times! With this one you can walk in and commence immediately! Inspection is by private appointment only.
Property History for 50 Douro St, North Geelong, VIC 3215
- 14 Mar 2024Sold for $550,000
- 23 Sep 2016Sold for $335,000
- 27 Oct 2015Listed for Sale Not Disclosed
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0About 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 2,470 properties. Over the last 5 years, Houses in North Geelong have seen a 15.40% increase in median value, while Units have seen a 9.86% increase. As at 31 July 2026:
- The median value for Houses in North Geelong is $779,387 while the median value for Units is $529,042.
- Houses have a median rent of $480 while Units have a median rent of $430.
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