27-31 Chapman Road, Geraldton WA 6530

27 to 31 Chapman Road Geraldton WA 6530
Ray White Geraldton Dongara is proud to present a rare and strategic commercial acquisition.
For sale via a Set Date Sale - with all offers to be presented by 4pm 14th August 2026.
Price guide - The owners will entertain offer over $3.4M

Occupying a commanding high profile corner site directly opposite McDonalds and the Geraldton Art Gallery, this multi lot asset represents an unparalleled land banking and value add opportunity in the heart of the Mid West regional capital.
With a substantial combined footprint, secure ongoing revenue streams, and ultra flexible zoning, this asset allows astute investors to bank a resilient yield today while planning a high density regional transformation for tomorrow.

Property and Tenancy Breakdown
The asset spans a total site area of 2,520 sqm held over two separate titles, offering exceptional flexibility for multi stage configurations or future redevelopment opportunities. An aggregation of the tenancy data delivers a combined net lettable area of 1,355.9 sqm, generating a passing net rental figure of $243,970.

Tenants include a mix of government agencies, national and independent retailers. As part of the sale, the current owners are offering a 2 year leaseback at market rent for the 237.6 sqm tenancy (Unit 21-23) at $48,000 dollars per annum. This leaseback guarantees immediate cash flow security while you implement a targeted leasing campaign to capture the remaining upside on any vacant space, such as the 90.5 sqm Unit 27B.

Core Investment and Strategic Strengths
• Unrivalled Corner Position: Situated at a high exposure intersection directly opposite iconic local markers, including McDonalds and the Geraldton Art Gallery, ensuring permanent visual dominance and brand presence.
• Flexible Regional Centre RAC 3 Zoning: The flexible and high density Regional Centre zoning explicitly supports a vibrant mix of retail, business, commercial, health, tourism, entertainment, and high density residential developments.
• Abundant On Site Parking: The property boasts a generous layout with extensive rear asphalt parking. It features a large volume of parking spaces, including several unallocated spare bays, providing further flexibility or an additional income stream.
• Land Banking with Active Yield: Enjoy the rare benefit of a secure multi tenant commercial yield featuring a blue chip government anchor and a guaranteed 2 year owner leaseback, all while holding a strategic city centre land parcel primed for future multi level redevelopment.

Geraldton Economic Tailwinds and Infrastructure Boom
Investing in Chapman Road means capitalising on the primary economic engine of the Mid West.
Greater Geraldton functions as a self sustaining regional capital with a thriving population of over 42,000 residents and an annual economic output exceeding 8 billion dollars. The local economy stands as one of the most resilient and diversified in regional Western Australia, anchored by robust performances across several foundational pillars:
• Key Economic Drivers: Powerful revenue generation across mining, high value agriculture, commercial fishing, and international tourism.
• Major Employment Sectors: Sustained by heavy local employment in health care, social assistance, education, and construction.
• Strategic Growth Profile: Driven by direct state capital injections including a landmark 692 million dollar regional housing programme and a 350 million dollar port expansion project.
• Surging Population Growth: Internal migration into Greater Geraldton skyrocketed by a massive 69.1% over the twelve month period leading up to March 2026. This recent surge builds upon the 2024/25 395% rise in annual net internal migration inflows. This sustained influx is putting significant upward pressure on local housing and boosting long term demand for commercial space.


Method of Sale
This premier commercial asset is being offered as a multi lot sale via a Set Date Sale campaign.
• Submission Deadline: All offers are to be formally presented by 4:00 pm on Wednesday the 14th August 2026.
• Exclusive Selling Agents: Ray White Geraldton Dongara.

Do not miss this defining opportunity to anchor your portfolio in the core commercial footprint of Geraldton. Contact the exclusive listing agents today to request the comprehensive Information Memorandum, copy of Certificates of Title, and formal contract documentation.

Disclaimer and Important Notice

This document has been prepared by Ray White Geraldton Dongara solely for marketing and advertising purposes. Whilst every effort has been made to ensure the accuracy of the information compiled within this material, the selling agents and the vendors do not give any warranty or representation as to the correctness, completeness, or currency of the details provided.

All figures, measurements, net lettable areas, lease terms, and financial projections are indicative only and subject to change. Prospective buyers are strictly advised not to rely on this information as a statement or representation of fact. All interested parties must conduct their own independent due diligence, structural inspections, financial assessments, and legal enquiries to satisfy themselves regarding all attributes of the property, planning permissions, zoning compliance, and tenancy details. Ray White Geraldton Dongara and the vendors accept no liability or responsibility for any loss, damage, error, omission, or discrepancy that may arise from reliance on this content.