Positioned in the heart of Geelong's thriving CBD, this dual-use freehold offers an exceptional opportunity for investors or owner-occupiers seeking a versatile and well-located property.
The ground floor features a prominent retail shopfront with excellent exposure to Ryrie Street's steady foot and vehicle traffic. The retail space can be offered as vacant possession, ideal for a new business venture, or with an existing tenant in place, providing immediate income security.
Upstairs, a well-presented three-bedroom apartment with a separate main street entrance offers additional income potential or convenient on-site accommodation. The residence includes a functional floorplan with one bathroom, kitchen, and spacious living areas, making it an attractive home, rental or staff housing option.
Both the retail and residential components benefit from rear lane access, providing practical convenience for deliveries, parking, or private entry.
Situated within easy walking distance to Geelong's key retail, dining and entertainment precincts, public transport, and the waterfront, 142 Ryrie Street presents a rare and flexible investment in a tightly held commercial corridor.
Key Highlights:
• Land area: 188m² (approx.)
• Building area: 270m² (approx.)
• Prime CBD location with strong street presence
• Two titles
• Ground floor retail space – offered vacant or leased
• Separate 3-bedroom apartment with separate entrance
• Rear lane access to both levels
• Commercial 1 Zone (C1Z) – supporting a wide range of uses
• Excellent exposure and signage potential
• Current returns available upon request
• Ideal for investors, business owners, or mixed-use operators
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