Under instructions from HLB Mann Judd Insolvency WA, RWC WA is pleased to present 122-124 Marine Terrace, Geraldton for sale via Expressions of Interest closing Thursday, 29 Aug at 2pm AWST.
122-124 Marine Terrace, Geraldton occupies a prominent, central position on Marine Terrace, which is the main retail strip of the Geraldton town centre and benefits from its rear access and frontage to Foreshore Drive and provides a fantastic opportunity to purchase a leased retail investment in the heart of the Geraldton CBD. The property comprises a regular shaped site of 468sqm*² improved with a retail showroom comprising two separate tenancies being 100% occupied by two retail tenants; a discount store trading as The Two Buck Shop and a café trading as The Comfort Zone Café & Lounge.
Property details: • Central retail strip • Prominent location with future redevelopment potential • High level of exposure • On-site parking to rear with adjoining public parking • Ocean views to rear • Passing income $74,049 plus GST (effective 22 July 2024)
For further information, please contact the exclusive selling agents below: