Franzé Developments break ground at mixed-use Geelong project, Ryrie Home
Victorian developer Franzé Developments has officially broken ground at their Geelong Quarter development, set to deliver Geelong’s first major hotel and apartment project in 20 years.
The development, which broke ground on Wednesday, will deliver a landmark Holiday Inn tower, 16 luxury apartments at Ryrie Residences, and a separate 11-storey tower, Ryrie Home.
Designed by Architectus, Ryrie Home encapsulates timeless style, giving you the perfect canvas to make your new home your own in Geelong.
Geelong is the fastest growing regional city in Australia, driven by employment opportunities, education, infrastructure and its coastal lifestyle.
“Life is simpler in Geelong”, the project marketing reads. “You can take your time, and have everything you need for the way you want to live.”
All homes at Ryrie Home feature a private balcony where you can enjoy the panoramic bay views and alfresco dining year-round.
The project features exposed concrete ceilings and floor-to-ceiling windows, merging a minimalist aesthetic with a sense of modern luxury in the bayside location.
The median sale price for apartments in Geelong has grown significantly, on average 10 per cent per annum over three years, suggesting strong capital growth returns for investors and owner-occupiers alike.
Boasting the perfect balance of lifestyle and opportunity, the development is located within walking distance to a selection of eateries and is situated nearby the Geelong train station.
Ryrie Home offers a unique opportunity to enter a developing market, with an entry price at just $375,000 for a one-bedroom, one-bathroom apartment.
The project is expected to be completed in 2022.