609/18 Malone Street Geelong VIC 3220

Waterfront bay views | Level 6 apartment | Dual car spaces | High rental demand This unit presents a competitively strong proposition due to its rare combination of panoramic bay views and dual car spaces within a sought-after Geelong CBD waterfront complex. The light-filled, modern layout and current rental listing signal immediate livability and investment appeal, best serving an owner-occupier seeking a premium lock-and-leave lifestyle or an investor targeting professional tenants. Its position in a well-regarded school zone further underpins long-term demand. The primary decision hinges on the strata title structure, which carries ongoing cost obligations and management risk absent in freestanding houses. The current asking range sits close to the estimated value, offering limited short-term equity gain. Proceed with an offer anchored to the lower end of the quoted range, viewing this property as a long-term hold to capitalise on its locational scarcity. A tailored property report would validate this pricing against recent comparable sales, detail strata health, and assess specific locality risks like council planning changes. No recent comparable sales data for nearby apartments was provided in the available information, which limits precise benchmark valuation for this specific unit.