Sold
2/1 Museum Place, Geraldton WA 6530
Sold price: $315,000
Sold: 17 Jul 2019
Sold
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2 Bedrooms
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2 Bathrooms
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1 Car
Villa
View
SOLID MARINA INVESTMENT with 9.02% NETT NET Return!!!
****VIDEO TOUR AVAILABLE- PLEASE VIEW****
Viewings easily arranged for all interested parties.
An ABSOLUTE SOLID investment centrally located in the heart of the Marina. This is not something that you come across very often for this price.
This property is in the HEART of the Geraldton CBD so close to the completed $2.1 million foreshore extension, cafes/restaurants, beach and the list goes on.
Mantra lease features;
- Current option expiring June 2022 WITH FURTHER OPTIONS till 2028!
- Second option - 1st July 2022 to 17th August 2023
- Third option- 18th August 2023 to 17th August 2028
- Built in 3% cpi increases every 12 months (1st July of each year).
- The Mantra pay's ALL the outgoings ie. water/shire rates, strata rates and insurances
- Around a 9.03% return NET! That's a $529.47 per week deposited straight into your nominated bank account.
- Zoned - Regional Centre (similar to city centre on old zoning table)
- Will also suit self-managed superfunds investments.
- A copy of the owner's current Mantra rental statement given on request
The Villa features include-
- 2 bedroom
- 2 bathroom
- All furniture is included in the sale
- Very central to central city being in the Marina
- Zoned 'Regional Centre (City Centre)'
- Car parking space
- Access to swimming pool/spa
Inspection only with listing representative David Potiuch. No home opens. Please call 0421314018.
"Demonstrating the difference in real estate one property at a time"
Why GERALDTON you ask?? Copy + Paste this link into your browser and watch this short video to see why https://vimeo.com/236848758
LIKE ME on Facebook! - Geraldton Property Team's David Potiuch
https://www.facebook.com/geraldtonpropertyteam.david.potiuch
*The property outline within the provided images may not be to scale. For accurate dimensions please request to see a copy of the property title.
Property features
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Below ground pool
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Air conditioned
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Carports
1
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Toilets
2
Property snapshot by reiwa.com
This property at 2/1 Museum Place, Geraldton is a two bedroom, two bathroom villa sold by David Potiuch at Geraldton Property Team on 17 Jul 2019.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Geraldton or see other recently sold properties in Geraldton.
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
$404k
Median
$345k
Low end
$309k
4.9 %
Annual growth
$345k
Annual median sales price
$425pw
Annual median rental price
