Lot 804 - The Mercer - Geelong

Description

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“Completed and Tenanted”

A central address sets you right at the heart of a vibrant metropolis and waterfront destination with Australia’s world famous coastline at your feet. The Mercer is seaside sophistication, a perfect panorama of city living by the bay.

Friendly foreshores and iconic surf beaches are a backdrop for Victoria’s second largest city, alive with ingenuity and a relaxed and cultured lifestyle that’s hard to beat. Ocean views and coastal breezes set the tone for a sunny outlook just an hour from Melbourne.

Local life gives you so many reasons to step outside. Long walks on the pier, laps at lunchtime and weekends sailing into the endless blue are all part of your neighbourhood’s appeal.

Across 14 levels, a selection of 1, 2, 3 and 4 bedroom apartments and penthouse residences are thoughtfully placed to maximize natural light entry and aspect while expansive terraces and cantilevered balconies capture uninterrupted views of the bay and surrounding landscapes. Activating a ground level presence, a private lobby and premium retail spaces add modern amenity to the local street scene. Basement levels present secure and allocated parking for cars and bicycles with lift access to all levels.

• Property Type: ApartmentFIRBSMSF Single Contract
• Property Stage: N/A
• Price: $ 755,000.00
• Land Price: N/A
• Build Price: N/A
• Beds: 2
• Bath: 2
• Garage: N/A
• Storey: N/A
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 1
• Floor Plan: N/A
• Completion: Leased until 11 12 2024
• Land Size: N/A
• Area Size: N/A
• Year Built: N/A
• Est. Rates: 1449
• Est. Rent PW: 620.00
• Est. Body Corp.: 4306
• Title Status: N/A
• Gross Per Week: $ 620.00
• Gross Per Annum: $ 30,160.00
• Gross Yield: 4.27%
• Capital Growth 12 Months: -8.91%
• Capital Growth 10 Year Annualised: 7.22%
• Vacancy Rate: 2.32%