Built in 2009 and finished in brick, tile and Colorbond, this well-presented three bedroom, two bathroom home offers investors a rare combination: a genuine long-term tenant already in place, and strong rental upside to follow. With split system air conditioning to both main bedrooms, a spacious kitchen and a large entertaining patio, this is a property that ticks the boxes for tenants and owners alike.
The home is currently leased at $545 per week until 1 February 2027, with a rental appraisal of $600-$630 per week once the lease turns over. For investors, that means income from day one and a clear path to improved returns down the track.
Outside, a large paved patio and a small grassed area suit tenants with pets, while the surrounding neighbourhood is well established and popular with families. You're around five minutes from both the beach and Geraldton's CBD, close enough to everything without the noise of a busier pocket of town.
FEATURES YOU WILL LOVE!
• Three bedrooms, two bathrooms
• Split system air conditioning to both main bedrooms
• Well-appointed kitchen
• Large paved entertaining patio
• Small grassed area, pet-friendly
• Brick, tile and Colorbond construction
• Built 2009
• Long-term lease in place: $545 per week until 1 February 2027
• Rental appraisal: $600-$630 per week
LOCATION
Beach approx. 5 minutes
Geraldton CBD approx. 5 minutes
Established, family-friendly neighbourhood
WHAT NEXT
A full video walkthrough is available on request. If you're looking for a secure, income-producing asset in Geraldton, I'd love to talk you through this one or discuss what you're after more broadly.
Offers in the mid $600,000s.
Jess Wolfe
0421 668 375 | [email protected]
Council rates: $2,700 p/a (approx.)
Water rates: $1,643.28 p/a (approx.)
Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the Agent and are expressly excluded from any contract.
This property at 224A Seventh Street, Wonthella is a three bedroom, two bathroom house listed for sale by Jess Wolfe at Professionals Geraldton.
For more information about Wonthella, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Wonthella profile page.
If you would like to get in touch with Jess Wolfe regarding 224A Seventh Street, Wonthella, please call 0421 668 375 or contact the agent via email.
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