An outstanding opportunity for investors, this dual-apartment property in the Oaks R Suites complex combines secure income with prime CBD positioning. Currently leased under a long-term hotel management agreement with Oaks Hotel Group, it offers strong, consistent returns and the ultimate set-and-forget investment.

THE LAYOUT

Apartment 510 is uniquely configured as two self-contained residences on one title, maximising flexibility and rental appeal:
• 510A – One-Bedroom Apartment: Features an open-plan kitchen, meals and living area opening to a balcony with glimpses of the bay, plus a separate bedroom and bathroom.
• 510B – Studio Apartment: A motel-style suite with open-plan bedroom/living, separate bathroom, bar fridge/tea/coffee facilities, and its own smaller balcony with similar outlooks.

Both residences have secure access from a shared hallway with a European laundry and can be leased individually or together – ideal for corporate guests, couples, or small groups.

WHY INVESTORS WILL LOVE IT
With an approximate combined net return of $107,116 (1/07/2023 to 30/06/2025) this opportunity is the perfect set and forget investment. A strong net yield of 4.9% is backed by a secure lease to Oaks R Hotel Group allowing you to receive a consistent income stream with minimal management required.

This dual-apartment configuration, held on a single title, offers exceptional flexibility and comes fully furnished. Making it an ideal, low-maintenance investment for self-managed super funds and passive investors seeking secure, stable returns.

LOCATION ADVANTAGES

• Situated in the heart of Geelong’s thriving CBD
• Walk to Eastern Beach, waterfront dining & café precinct
• Close to Deakin University Waterfront Campus & Geelong Hospital precinct
• Excellent connectivity to Geelong Station & Melbourne Road

With Geelong’s CBD continuing to expand as a hub for education, health and tourism, demand for quality accommodation remains strong. Apartments in The Oaks R Suites are tightly held, making this a rare chance to secure a high-yield dual-apartment property in a blue-chip location.

Contact Anthony Stevens on 0459 924 164 or Julie Ryan on 0438 060 382 for more information and to arrange a private inspection.