A PENTHOUSE apartment in an exclusive Geelong waterfront position is one of 49 properties going under the hammer this weekend.
The three-bedroom apartment at 303/64-66 Eastern Beach Rd has a large terrace that has an uninterrupted vista across Corio Bay to the You Yangs.
McGrath, Geelong agent Will Ainsworth said the property was in a fantastic spot and had attracted a lot of interest.
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It is not the first penthouse apartment to sell in the complex in the past year.
No. 302 sold for $1.17 million in December last year. It was a two-bedroom apartment that had been updated.
Meanwhile 301 sold for $1.66 million in February this year. The three-bedroom apartment smashed expectations by $300,000 at the time.
The apartment going to auction on Saturday at 10.30am still has the original kitchen but has been beautifully maintained.
Andrew Winter: How to sell in a changing market 0:58
Andrew Winter: How to sell in a changing market
The buyer would be able to move straight in and enjoy the home or do some updates to freshen it up.
Mr Ainsworth said price hopes were $990,000-$1.08 million.