9/209 Melbourne Road Rippleside VIC 3215

Located in a prized bayside setting, this two-bedroom apartment promises to upgrade your lifestyle!

Originally a former primary school, this building has undergone an extensive renovation while retaining its original charm. A private flight of stairs leads to the front door, where the open-plan living/dining/kitchen zone welcomes you inside. This living zone creates a generous setting for everyday enjoyment, with a pitched ceiling evoking a light and breezy ambience. You’ll love that sash windows add a touch of character throughout the home.

The kitchen takes care of all your cooking needs with a built-in pantry, stainless steel dishwasher and cooking appliances (oven, induction cooktop, rangehood). The lower level is home to a bedroom with mirrored built-in robes, a bathroom and a large study. Upstairs, the second bedroom creates a cosy retreat with built-in robes and a skylight. A split-system air conditioner provides comfort. Outside, the stairs feature two balconies, where you can sit back and soak up the afternoon sunshine. Dedicated parking is provided for one vehicle.

This superb location will instantly appeal to young couples and professionals. The North Geelong Train Station is within walking distance for Melbourne commuters, with local cafes inviting you to grab your morning coffee on the way. A short stroll will find you at St. Helens Park, where you can relax under the leafy shade or enjoy a dip in the water. Local sporting grounds and Rippleside Park are also within walking distance, with the esplanade walking trail connecting you to Western Beach and the picturesque Waterfront.

For the investors, our team estimates a rental return of $445 - 475pw on the rental market. With its quirkiness, single entrance, privacy, and location, this property is an ideal short-term rental investment to add to, or kick off your investment portfolio.

Currently rented as a short-term rental on AirBnB, the property is achieving, on average, $2700 per month, a whopping 6% return.

Short-stay information can be sent to interested parties upon request.

Property Features

• Built In Wardrobes
• Balcony