News

Miramar Geelong plans to be city’s tallest at 21 storeys

24 Jul 2020

Navarone Farrell | 13 Mar 2017

 

Miramar Apartments will have uninterrupted views over Corio Bay.

GEELONG’S skyline could be in for a new addition that, if approved, would be the ­tallest residential tower in the city.

The 21-storey Miramar Geelong building is planned for 18-20 Cavendish St, with apartments having unimpeded views out over Corio Bay.

Whitford, Newtown, agent Dale Whitford said the building would dominate the skyline.

“It’s a real landmark building for Geelong,” Mr Whitford said.

“There will be one, two and three-bedroom configurations — it’s a 21-storey building with 112 apartments, and it will be Geelong’s tallest building.

BUYERS HAVE RENOVATIONS PLANNED FOR CENTURY-OLD NEWTOWN HOME

“All of the units have bay views, the three-bedroom apartments have two carparks, and the one and two bedrooms have one carpark.”

He said prices start from $369,500, and tip $1 million for the penthouses.

“We’ll have a display suite ready next weekend, and there’s already been some apartments sold, we’ve been taking registrations for interest but this is the first time we’ve gone to market actively,” he said.

“It’s an amazing development, with high-quality fittings and finishings.

Miramar Apartments are proposed for 18-20 Cavendish St, Geelong.

“It was designed by a local architect, Colin Watson, he’s done a terrific job and the building has all of the quality and amenities you’d expect.”

The development will also have three two-storey townhouses, all only metres from the waterfront.

Mr Whitford believes the total sales value of the building is around the $80 million mark.

“It’s behind Winter and Taylor Holden, and between the building and the beach there’s only heritage-listed properties, so the views will be enduring,” he said.

MAJORITY RULES AS GEELONG BUYERS SECURE LIONS SHARE OF DEVELOPMENT

Several of the apartments have already sold, and Mr Whitford believes that the greatest appeal will be in the downsizer market and those looking to take advantage of CBD proximity.

“People are getting used to the idea (of apartments in Geelong) now,” he said,

“There are lots of downsizers and professionals who don’t have time for that maintenance.

“If you want to buy a house with these sorts of views — there’s one for sale at the moment, in the mid-$5 million range, so $1 million for a penthouse where you don’t have to mow the grass, that’s pretty ­compelling.”

Site by Swell Design Group