134 Moorabool Street, Geelong

Subscribe to regular market updates. An exceptional opportunity in the heart of Geelong’s CBD, 134 Moorabool Street offers a rare mixed-use freehold asset combining high-profile commercial frontage with premium residential accommodation. Occupying a prominent position on one of the city’s most recognised thoroughfares, the property provides approximately 540m²* of building area across two substantial levels plus a mezzanine, positioned on a landholding of approximately 276m²*. The property delivers outstanding flexibility for owner-occupiers, investors and future value-add strategies. Ideally located within Geelong’s vibrant city centre, the property sits just 35 metres* from Little Malop Street, renowned for its thriving arts, live music, dining and events scene. The major thoroughfares of Ryrie Street and Malop Street are only a short one to two-minute* walk away, while Market Square Shopping Centre is approximately 90 metres* from the property and Westfield Geelong is within 200 metres*. Geelong’s iconic waterfront is also just 520 metres* away, further enhancing the appeal of this strategic CBD location. The ground floor is configured to support a broad range of commercial uses, offering approximately 270m²* of open-plan office, retail or workspace area with strong exposure to passing pedestrian and vehicle traffic. Rear laneway access further enhances the property’s practicality, providing convenient service and staff access together with operational flexibility. The upper level reveals an impressive New York-style loft residence, defined by soaring ceilings, abundant natural light and generous living and entertaining spaces. A well-appointed kitchen, three bedrooms, three-and-a-half bathrooms and accommodation for up to six guests create a highly versatile residence suitable for private occupation, executive accommodation or short-stay use. Currently utilised as short-stay accommodation, the residence has achieved returns of approximately $545 per night, highlighting the strength of Geelong’s visitor economy and the property’s ability to generate diversified income streams. Purchasers may choose to continue the accommodation model, occupy the residence, lease the commercial component or reposition the asset to suit broader investment objectives. Additional features include a mezzanine level and rooftop access, providing further scope for creative activation, additional amenity or future enhancement, subject to the necessary approvals. The property is situated within the Activity Centre Zone – Schedule 1 (ACZ1), offering flexibility for a range of commercial, residential and mixed-use outcomes. Eligible purchasers may also benefit from potential regional stamp duty savings. This is a rare CBD asset delivering a unique combination of scale, exposure, zoning flexibility and lifestyle appeal. With potential rental income opportunities across both the commercial and residential components, 134 Moorabool Street represents a landmark opportunity to secure a versatile freehold holding in one of regional Victoria’s most dynamic and fast-evolving city centres. DISCLAIMER: Please note that all information provided by Jellis Craig is in good faith and derived from sources believed to be accurate and current at the date of publication. Jellis Craig acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Jellis Craig will not be liable for any loss resulting from actions or decisions made in reliance on the provided information. Inspection by appointment Matthew Flinders Girls Secondary College Little Ryrie Street Geelong Geelong South Primary School 200 Yarra Street South Geelong St John's Lutheran School Geelong 33 Aberdeen Street Geelong Sacred Heart College Retreat Road Newtown Chilwell Primary School 313a Pakington Street Newtown 13 Nicholas Street Newtown Ashby Primary School 2 Lawton Avenue Geelong West Talbot Street Newtown Petrel Street Geelong West Ryrie Street East Geelong Newtown Primary School Aberdeen Street Newtown St Margaret's School 83 St Albans Road Geelong East 135 Aphrasia Street Newtown Tate Street Primary School Geelong Tate Street Geelong East Manifold Heights Primary School Strachan Avenue Manifold Heights Holy Spirit Parish School 83 Minerva Road Manifold Heights Belmont Primary School Mt Pleasant Road Belmont Fyans Park Primary School 37 Cook Street Newtown Herne Hill Primary School 194-200 Church Street Geelong North 225 Church Street Geelong West Christ the King School 79 Wilsons Road Newcomb Roslyn Primary School Roslyn Road Belmont Geelong East Primary School 184 Boundary Road Geelong East St Augustine's Education & Training Centre 27 Oxford Street Whittington St Helen's /MacKillop Family Services 27 Oxford Street Whittington Newcomb Park Primary School Richard Street Newcomb Oberon Primary School 28 Dorothy Avenue Belmont Newcomb Secondary College 81 - 85 Bellarine Highway Newcomb Rotherham Street Belmont Libau Avenue Bell Park