4/12 Johnston Street, Geraldton WA 6530

From $299k, 6.1% Potential Yield and a Private Backyard

Offers above $299,000, inspect by appointment | Up to 6.1% Potential Yield | Private Backyard

Ready to stop renting? The timing works for you too. Secure it now, and move in with vacant possession when the lease ends in January 2027. First home buyer? Ask your broker about the 5% Deposit Scheme and WA stamp duty concessions.

Priced from $299,000, this 2 bedroom unit puts you within walking distance of the CBD, shops and beach, with something most units can't offer: your own private backyard.

It's a smart buy for investors chasing a solid entry point, first home buyers ready to get out of renting, downsizers who want easy living, and anyone who needs room for a dog.

The numbers stack up. With a rental appraisal of up to $350 per week, the gross yield sits at 5.8% to 6.1% across the $299,000 to $315,000 range. It's currently leased at $330 per week until January 2027, so you'll have income from settlement and the chance to lift the rent in the new year.

Ready to stop renting? The timing works for you too. Secure it now, and move in with vacant possession when the lease ends in January 2027.

Step outside and you'll see why this one stands out. The generous, private backyard gives the dog room to run, you a spot for your morning coffee, and space for a veggie patch or potted garden. A private front yard adds to the appeal.

Inside, the open plan kitchen, living and dining area keeps everyday living simple and connected, with a split system for year-round comfort. The kitchen is neat and practical, and the two bedrooms share a central bathroom.

Location does the heavy lifting. Stirlings Shopping Centre and the Geraldton CBD are around 1km away, the beach and foreshore 1.3km, and St Francis Xavier Primary School just 550m from your front door.

Enquire now for a video walkthrough, all relevant documents and the offer form, or call me on 0421 668 375 to talk through your plans.

Jess Wolfe
Professionals Geraldton
0421 668 375

From $299,000

Tenancy: Rental appraisal $350 per week. Currently tenanted at $330 per week until January 2027, with vacant possession available at the end of the lease.
Strata Fees: approx. $604.75 p.q (includes management fees, insurance, building and grounds maintenance, and water consumption)
Council Rates: approx. $475.00 p.q
Water Rates: approx. $307.41 p.q

Features:
- 2 bedrooms, 1 bathroom
- Open plan kitchen, living and dining
- Split system air conditioning
- Generous private backyard
- Private front yard
- Pet-friendly outdoor space
- Rental appraisal $350 per week
- Tenanted until January 2027, vacant possession available at lease end

Location:
- Stirlings Shopping Centre approx. 1km
- Geraldton CBD approx. 1km
- Beach and foreshore approx. 1.3km
- St Francis Xavier Primary School approx. 550m

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate but may be subject to change without warning at any time, which is often out of our control. Prospective tenants and 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. Yield figures are gross estimates based on a purchase price of $299,000 to $315,000 and rent of $350 per week, before expenses. Some images have been digitally altered using AI decluttering, virtual staging and twilight editing to protect the privacy of the current tenants and to help buyers envision what their own furniture and lifestyle could look like in this property. Furniture and decor shown are not included.