View
Great investment - Gross Rental Return 8.69%
Xavier Views sits on a 971.50m2 consisting of four, 1 bedroom x 1 bathroom apartments. Two of these are fully furnished.
In walking distance of the town centre these are sort after units currently fully rented at $34,320 per annum representing a 8.69% gross return on the asking pricing.
The apartment's each accommodate a spacious kitchen/dining area, king sized master bedroom with modern finishes to the ensuite. To the rear of the complex there is a self-contained laundry and ample parking for visitors and tenants.
Zoned R80 future re-development possibilities exist subject to council approval.
Property features
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Garages
4
Property snapshot by reiwa.com
This property at 121 Durlacher Street, Geraldton is a four bedroom, four bathroom apartment sold by Steve Marshall at Professionals Geraldton on 21 Aug 2020.
Looking to buy a similar property in the area? View other four bedroom properties for sale in Geraldton or see other recently sold properties in Geraldton.
Cost breakdown
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Council rates: $5,340 / year
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Water rates: $3,543 / year
Nearby schools
Geraldton overview
Are you interested in buying, renting or investing in Geraldton? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Geraldton offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities.
Geraldton quick stats
High end
$453k
Median
$388k
Low end
$329k
15.8 %
Annual growth
$388k
Annual median sales price
$470pw
Annual median rental price
