Positioned on the iconic Geelong Waterfront, Apartment 204 at 16 The Esplanade South presents a rare, set-and-forget investment within the tightly held Quest Geelong complex. With the CBD, Eastern Beach, restaurants, cafés and transport all at your doorstep, this premium location continues to underpin strong, long-term demand and consistent returns.

The apartment underwent a comprehensive $35,000 refurbishment approximately four years ago, delivering a modern, contemporary finish throughout. Inside, the well-designed layout offers an internal area of 56.53m² complemented by a private balcony, creating a light-filled and functional space that appeals to both corporate and leisure guests. Stone benchtops, modern appliances, and quality finishes enhance the overall presentation.

Investors will appreciate the secure, long-term lease with Quest, providing a flat fee net rental return of approximately $25,600 per annum, with no additional outgoings. Returns are paid irrespective of whether the apartment is occupied or vacant, offering genuine peace of mind and reliable cash flow, further supported by 5% annual rental increases written into the lease.

The apartment features ample living space, a modern kitchen, split-system heating and cooling for year-round comfort, in-unit laundry facilities and secure parking. Low body corporate fees further enhance the net return, making this an efficient and attractive investment option.

Offering guaranteed income, a blue-chip waterfront location and a professionally managed lease structure, this is an outstanding opportunity for investors seeking stability, simplicity and long-term growth in the heart of Geelong. Secure your position in one of the city’s most tightly held investment assets.