156 Aberdeen Street, Geelong West, Vic 3218

$920,000 - $970,000

Block Of Units
Type
3
Bedrooms
3
Bathrooms
3
Parkings
378 m²
Area

Published on Tuesday, August 25, 2026 ( See property details for 156 Aberdeen Street, Geelong West, Vic 3218)

$920,000 - $970,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity in Geelong West featuring three leased one-bedroom units with excellent location and income potential.

🏡 Property Highlights

  • Corner position with laneway access providing flexibility and convenience
  • Three separately rented one-bedroom units generating multiple income streams
  • Located in the highly sought-after Geelong West with strong rental demand
  • Close proximity to Pakington Street's vibrant cafes, shops, and amenities
  • Short drive to Geelong CBD and waterfront, offering excellent lifestyle options
  • Established investment opportunity with immediate income and long-term growth potential

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Secure Parking
  • Outdoor Area
  • Waterfront / Views
  • Balcony
  • Pet-Friendly
  • Fully fenced
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Geelong West is a vibrant and highly desirable inner suburb offering excellent lifestyle amenities, diverse dining and shopping options, and convenient access to public transport. Its strong community feel, proximity to the CBD and waterfront, and ongoing development make it an ideal location for both residents and investors seeking long-term growth and lifestyle benefits.

What is the current rental income from the three units?
The property is currently leased with all three units generating a steady income stream, providing immediate returns for investors.
Are there any planning or development restrictions on the property?
The property is held on one title with three separate leases; any future development or subdivision would require consultation with local council and compliance with planning regulations.
What are the ongoing costs associated with the property?
Ongoing costs include property management, council rates, insurance, and maintenance. Specific figures can be obtained from the current lease agreements and property management details.
Is the property suitable for owner-occupiers or only investors?
While currently leased as an investment, the property’s configuration and location also make it suitable for owner-occupiers seeking a versatile and convenient inner-city residence.
What are the nearby amenities and transport options?
The property is close to Pakington Street’s cafes, shops, and restaurants, with easy access to schools, recreational facilities, public transport, Geelong CBD, and the waterfront.
Are there any existing easements, covenants, or zoning restrictions affecting the property? Have all necessary planning permits and approvals been obtained for current use? Are there any known issues with the property's structure, plumbing, or electrical systems? What are the terms of the current leases, and when are they due for renewal? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming development plans or construction projects nearby that could impact the property? What are the strata or body corporate arrangements, if applicable? Are there any additional costs or fees associated with the property management? Is the property compliant with all local council regulations and safety standards? Are there any restrictions on future modifications or renovations to the units?

156 Aberdeen Street, Geelong West, Vic 3218 - More Details

$920,000 - $970,000

Positioned in one of Geelong West's most sought-after and convenient locations, 156 Aberdeen Street presents an outstanding investment opportunity with immediate income and exciting long-term potential.

Set on approximately 378sqm and enjoying the rare benefit of a corner position with laneway access, the property comprises three separately rented one-bedroom units, all held on one title and currently leased. Offering multiple income streams from a single property, this is an opportunity ideally suited to investors seeking a strong, established investment in a tightly held location.
Each one-bedroom unit provides a practical layout and offers the appeal of independent accommodation, while the corner positioning and laneway access provide valuable flexibility and convenience.

Located just moments from the vibrant Pakington Street precinct, residents can enjoy easy access to an impressive selection of cafes, restaurants, shops and everyday amenities. A range of schools, recreational facilities and public transport options are also close by, while Geelong CBD and the waterfront are only a short distance away.

Whether you are looking to add a proven income-producing asset to your portfolio or secure a property in one of Geelong's most desirable inner suburbs, 156 Aberdeen Street offers a rare combination of location, land, multiple tenancies and investment appeal.

With all three units currently leased, this is an opportunity to secure a property with income from day one in a location where demand remains strong.

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
Type
Block Of Units
Bedrooms
3
Bathrooms
3
Parkings
3
Area
378 m²

Price guide

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