Reiwa Reiwa
3 Dorothy Street, Geraldton WA 6530

3 Dorothy Street, Geraldton WA 6530

Sold price: $333,000
Sold
Sold: 04 Jul 2024

3 Bedrooms

1 Bathroom

1 Car

Landsize 645m2

House

Contact the agent

Chris Moore

0439926306

Geraldton Property Team


PROPERTY FOR INVESTORS /DEVELOPMENT OR FIRST HOME OWNERS

'UNDERVALUED OPPORTUNITY' Situated in a prime location, this 652m2 zoned R30 block, shares a 3-bedroom, 1 bathroom home presenting a very affordable opportunity for the astute property investors/developers. It is currently Tenanted at $290 per week with the potential to increase with strong economic conditions being sustained and improving for the region. For the renovators - it's in need of a little TLC but is still a very tidy home, in a stable and liveable area.
 
For the developer, the existing zoning presents an opportunity to develop and scale up. Future capital growth and a good return on investment are possible due to its proximity and easy access to public transport infrastructure, town centre, shopping centres, local schools, public parks, Geraldton's recently developed town foreshore, beautiful beaches and its current shipping port, including the green energy projects (yet to be approved) by the State government to be developed at Oakajee.

An inspection is recommended as the property is being sold in "AS IS" condition. For your exclusive viewing please phone Chris Moore on 0439 926 306.

Zoned R30 (open to development)
Council rates approx. $2050.00 p/a
Water rates approx. $1338 p/a (Sewer connected)


*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).

Property features

  • Garages 1

Cost breakdown

  • Council rates: $2,050 / year
  • Water rates: $1,338 / year

Nearby schools

Geraldton Flexible Learning Centre Secondary Non-government 0.3km
Allendale Primary School Primary Government 0.8km
St Francis Xavier Primary School Primary Non-government 0.9km
Geraldton Grammar School Combined Non-government 0.9km
Rangeway Primary School Primary Government 1.3km
Nagle Catholic College Secondary Non-government 1.3km
Geraldton Senior High School Secondary Government 1.4km
Geraldton Primary School Primary Government 1.5km
Holland Street School Combined Specialist 1.6km
St John's School Primary Non-government 1.6km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4821573