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211-213 Sixth Street, Geraldton WA 6530

Sold price: $1,500,000 Sold: 03 Sep 2024
Sold
  • 10 Bedrooms
  • 10 Bathrooms
  • Landsize 2,023m2
House
211-213 Sixth Street, Geraldton WA 6530

For Sale: 10x1 Bedroom Units - Fully Renovated and Ready for Investment

This is a rare opportunity to own 10 fully renovated 1-bedroom units, all on a single title with no strata fees. Each unit has been recently upgraded with brand new kitchens, bathrooms, and flooring, offering modern comfort and style. Located in a prime area, these units are just a short distance from sporting facilities, supermarkets, Geraldton Aquarena, and the town center.

Key Features:
• 10 x 1-bedroom units, all at ground level for easy access.
• Recently renovated with new kitchens, bathrooms, flooring, plumbing and electrical. renovation expense report can be provided for depreciation purposes.
• Low-maintenance properties with a strong income potential.
• Current gross return of over 8%. with full tenancy generating $135,200 in Gross rent per annum
• Opportunity to further increase return by installing air conditioners and/or creating private backyards.
• The roof of one building has just been replaced.
• Parking is available in front of every units
• Council rates $18,600 approx PA and Water rates $3,600 approx PA

These units are perfect for investors seeking a high-return property or for a company looking to accommodate employees. Don't miss out on this ideal investment opportunity.

Contact
Call exclusive agent Jim Quinn now at 0412 991 442 for more information.


*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should do their own due diligence.

Property features

  • Toilets 10

Property snapshot by reiwa.com

This property at 211-213 Sixth Street, Geraldton is a ten bedroom, ten bathroom house sold by Jim Quinn at Geraldton Property Team on 03 Sep 2024.

Looking to buy a similar property in the area? View other ten bedroom properties for sale in Geraldton or see other recently sold properties in Geraldton.

Cost breakdown

  • Council rates: $18,611 / year
  • Water rates: $3,600 / year

Nearby schools

0.3km
Allendale Primary School
  • Primary
  • Government
0.6km
Geraldton Grammar School
  • Combined
  • Non-government
0.7km
Geraldton Flexible Learning Centre
  • Secondary
  • Non-government
Disclaimer

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

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FAQ's

211-213 Sixth Street, Geraldton was sold by Jim Quinn at Geraldton Property Team.

You can contact the agent here.

211-213 Sixth Street, Geraldton sold on 3/9/2024 for $1,500,000.

The average number of selling days in Geraldton is 16 days.
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