Net Rental Returns of up to 8%

Profit from Geelong's thriving Short Term Accommodation Market

Discover how you can purchase a premium Investment Apartment in the heart of Geelong, providing a freehold asset with a tax efficient, cashflow positive yield estimated at up to 8% nett.

Geelong is currently experiencing a boom in short term accommodation. The number of overnight visitations to Geelong has been growing since 2013 and grew by an extraordinary 15% in 2017. The increase in demand for accommodation has not been met by an accompanying growth in the supply of rooms which has remained static - leading to a “supply gap” (figure1 - Click to VIEW)

The growth in overnight visitors to Geelong mean that apartment owners at our previous Geelong projects, Vue and Devlin, are receiving net returns – after all costs – of up to 8%.

This growth in demand means there is no better time for the Ritz to become Geelong’s first upmarket accommodation option.

We are estimating rental yields for the individual apartment owners at Ritz of between a Net 6% to 8%. The high yields, when combined with generous tax depreciation and investment allowances, mean the investment is projected to be cash flow positive.

Individual owners of the Ritz become part of an innovative ownership/management arrangement, handing management responsibilities to anon-site team to facilitate all elements of short-term accommodation. This is a set and forget property investment. With its high tax efficient yields, Ritz investment apartments are suitable for self funded retirees and general investors looking for high rental yields and taxation relief.

Each apartment has been created with comfort and luxury in mind while oversized balconies make the most of the stunning vistas over Eastern Beach and the CBD. State of the art technology, innovative design features and unique proximity to Geelong's Beach’s, Offices, Cafes, Shops and Parks combine to ensure the Ritz will become Geelong’s premium accommodation option.

If the idea of owning your own piece of booming Geelong and delivering a positive cashflow stream excites you, then this is the property for you.
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INTRODUCING

A DESTINY FULFILLED

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 successes, The Devlin and Vue Apartments, has brought this enduring icon back to life.

The heritage hotel has been 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.

Welcome to the Ritz Apartments

MAKING HISTORY

Historically, it has performed a social role as an hotel, Bayview Temperance coffee palace, flats and boarding facility for over 163 years.

LUXURIOUS

DESIGNED TO INSPIRE

Captivating interior spaces that reach out to capture stunning vignettes of the Geelong skyline, enhanced by beautifully designed interiors that create a sophisticated living style.

Each apartment has been created with comfort and luxury in mind, the outlook is emphasised by generous and beautifully appointed balconies which enhance the experience of this unique property.

NOTE: Images are indicative of the styling only. Purchasers should refer to furniture package in contract of sale.

JUST METRES FROM EASTERN BEACH

THE APARTMENTS

THE INSIDE STORY

Created to capture sweeping views, the floor plans are designed to maximise natural light through full height glazing.

Spacious, private entertaining terraces feature a variety of vistas for maximum pleasure. Interior designed to offer the finest in finishes, fittings and furniture, providing a unique experience in Victoria’s most exciting seaside city.

Each apartment is fully equipped with all amenities and features you would expect, from stylish contemporary kitchens with stone benches, to indulgent bathrooms, high ceilings and generous spaces.

Offering a selection of apartment styles, The Ritz Apartments will continue to provide Geelong and its owners an exciting future.

An opportunity for the discerning few.

THE LUXURY OF THE MOST BEAUTIFUL VIEWS IN GEELONG

A Destination unsurpassed

10 Bellerine Street, offers a prominent elevated location situated a short walk to Eastern Beach, the Royal Geelong Yacht Club, the Botanical Gardens  and a wonderful selection of food and wine amenities catering to all tastes and cultures. Situated within close proximity to the city centre, the Westfield Shopping precinct, Deakin University, theatres, galleries and the stunning new Geelong Library, all providing exceptional entertainment and  lifestyle facilities. The Ritz Apartments offer a location that is unparalleled for views, entertainment and leisure.

YOUR NEXT

ADVENTURE

STARTS HERE