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Apartment
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Set & Forget Quest Investment Returning $34K+ with Growth
Gnarwarre
· 2 Bedrooms · 2 Baths · Apartment
Gnarwarre · 2 Bedrooms · 2 Baths · Apartment
Positioned on the iconic Geelong Waterfront, Apartment 107/16 The Esplanade South presents a premium dual-income investment within the tightly held Quest Geelong complex. With the CBD, Eastern Beach, cafés, restaurants, and transport all within walking distance, this blue-chip location continues to deliver consistent demand and long-term appeal. Leased to Quest under a secure long-term agreement, this is a true set and forget opportunity. Returning approx. $34,226 per annum + GST with 4% annual increases, the property offers reliable, growing income backed by a professionally managed lease structure and strong tenant covenant. Investment Snapshot $34,226 per annum + GST 4% annual rent increases 5-year lease from November 2025 5 further 5-year options available Property Features Full refurbishment completed Modern, well-maintained interiors Dual apartment configuration (107 A & B) Low-maintenance, professionally managed asset Outgoings Owners Corporation: $4,192.50 p.a. Council Rates: $
Positioned on the iconic Geelong Waterfront, Apartment 107/16 The Esplanade South presents a premium dual-income investment within the tightly held Quest Geelong complex. With the CBD, Eastern Beach, cafés, restaurants, and transport all within walking distance, this blue-chip location continues to deliver consistent demand and long-term appeal. Leased to Quest under a secure long-term agreement, this is a true set and forget opportunity. Returning approx. $34,226 per annum + GST with 4% annual increases, the property offers reliable, growing income backed by a professionally managed lease structure and strong tenant covenant. Investment Snapshot $34,226 per annum + GST 4% annual rent increases 5-year lease from November 2025 5 further 5-year options available Property Features Full refurbishment completed Modern, well-maintained interiors Dual apartment configuration (107 A & B) Low-maintenance, professionally managed asset Outgoings Owners Corporation: $4,192.50 p.a. Council Rates: $
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