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Apartment
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Set & Forget Waterfront Investment with Secure Returns
Torquay, Surf Coast
· 1 Bedroom · 1 Bath · Apartment
Torquay, Surf Coast · 1 Bedroom · 1 Bath · Apartment
Positioned on the iconic Geelong Waterfront, Apartment 204 at 16 The Esplanade South presents a rare opportunity to secure a hassle-free 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 drive strong, consistent demand. Leased to Quest under a secure long-term agreement, this is a true set and forget investment. With a flat fee net return paid regardless of occupancy, investors can enjoy reliable income and peace of mind, supported by annual rental increases built into the lease. Investment Snapshot 1. Approx. $23,958 net annual return 2. 4% annual rent increases 3. Lease secured until 2030 + further options 4. Income paid regardless of occupancy 5. Approx. $24,916 net return as of November 2026. Property Features 1. $35,000 refurbishment recently completed 2. Modern, updated interior throughout 3. Stone benchtops & quality finishes 4. 56.53m² internal
Positioned on the iconic Geelong Waterfront, Apartment 204 at 16 The Esplanade South presents a rare opportunity to secure a hassle-free 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 drive strong, consistent demand. Leased to Quest under a secure long-term agreement, this is a true set and forget investment. With a flat fee net return paid regardless of occupancy, investors can enjoy reliable income and peace of mind, supported by annual rental increases built into the lease. Investment Snapshot 1. Approx. $23,958 net annual return 2. 4% annual rent increases 3. Lease secured until 2030 + further options 4. Income paid regardless of occupancy 5. Approx. $24,916 net return as of November 2026. Property Features 1. $35,000 refurbishment recently completed 2. Modern, updated interior throughout 3. Stone benchtops & quality finishes 4. 56.53m² internal
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