GEELONG 10 Bellerine Street

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The Ritz - Premium Investment Apartments

Discover how you can purchase a premium investment apartment in the heart of Geelong, providing a freehold asset with a proven tax efficient, cash flow yield of up to 8% net (after costs and outgoings).

Once a haven for gold rush prospectors and sailors searching for repose and entertainment, The Ritz Apartments now commences a new journey as an elegant, respectful, luxury apartment hotel development.

Designed by Geelong's finest architect, Mark Gratwick, whose previous success The Devlin and Vue Apartments, has brought this enduring icon back to life.

The heritage hotel will be carefully rejuvenated and modernised to compliment a contemporary yet elegant nine level addition. It has been designed to allow the historical hotel the prominence it deserves, whilst offering a luxury destination in Geelong.

- Solid net returns up to 8%
- Premium waterfront location
- No managing agent
- No property maintenance
- Great tax effective depreciation
- Proven formula for success (The Devlin and The Vue)

1 bedroom investments priced from $448,000 with an estimated NET return of 6.0%*
2 bedroom investments priced from $640,000 with an estimated NET return of 7.0%*
*Please request to investment documentation to confirm structure and returns.

Go to www.ritzgeelong.com.au/invest for more information.

All information offered by Whitford is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Whitford merely do no more than pass the information on. Use of such material is at your sole risk. Whitford does not have any belief one way or the other as to whether the information is accurate and prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Whitford will not be liable for any loss resulting from any action or decision by you in reliance on the information from Whitford.

LOCATION: 10 Bellerine Street, Geelong


PRIVATE SALE
Price: Contact Agent

AGENT DETAILS
Andre Veronie
0403388825
andre@whitfordproperty.com.au

Lachlan Bruce

lachlan@whitfordproperty.com.au

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