32-32A Elizabeth Street, Geelong West VIC 3218

A unique piece of Geelong West’s heritage has been transformed into two modern-day stunners offering an array of residential and commercial options.
No expense has been spared in renewing the classic red-brick shops – built almost a century ago and once home to the historic Radford cycles business – for an exciting new era.
The properties, on one title, a corner block and with prominent street frontage, provide multiple choices:
• Live in or rent out one as a stylish apartment and conduct an adjoining business in the other;
• Lease out both as ultra-modern, elite office spaces with combined income of $40,000 per annum (approx.);
• Offer one or both as an Airbnb with returns of $60,000 PA or 6.25% - 6.75%; or
• Enjoy the benefits of low-maintenance regional weekenders close to Geelong’s CBD and waterfront, the Surf Coast and Bellarine Peninsula.
The properties both feature an open-plan and functional living, dining and kitchen zone with high-end Franke sink, quality tapware, Asko oven and induction cooktop, built-in concealed refrigerator, dishwasher drawer and abundant storage in soft-close cupboards and drawers.
The lounge area, with exposed brick feature walls and verlux skylights welcoming the northern sun, remains private from the street thanks to striking black plantation shutters.
Privacy is also a feature of the bedroom towards the rear of the residence. It boasts a fitted wardrobe, built-in bedside lighting and a luxe light-filled ensuite with frameless, walk-in shower and floor-to-ceiling feature tiles.
Alternatively, set up as contemporary offices, the properties offer impressive entry, desk space for multiple staff, top-class kitchen facilities, private meeting room and high-end bathroom.
Other highlights include ducted heating and cooling, low-maintenance polished concrete floors, and timber-lined ceilings and walls.
The apartments/offices are a few hundred metres’ walk to Sparrow Park and centrally placed between shopping and dining strips on Pakington St and Shannon Ave.
A host of Geelong’s best schools are within easy reach, as are Geelong train station, the Ring Road and freeway to Melbourne, and the region’s stunning beaches.