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6/1 Museum Place, Geraldton WA 6530

$450,000
  • 2 Bedrooms
  • 2 Bathrooms
Apartment
6/1 Museum Place, Geraldton WA 6530

CBD Investment

Looking for an easy-care, low-maintenance investment property? This is one to consider, with its close proximity to the heart of Geraldton and availability to the stunning foreshore and beaches look no further.

• Impressive 2 bedroom, 2 bathroom apartment
• Part of the Mantra Group
• Leased by the Mantra since it was built and the current lease runs until August 2027
• Net rent of over $26,784.84 per year regardless of occupancy
• All expenses paid by Mantra including water, sewerage, strata, and council rates
• 6% chattels replacement fund allowed for in the net return. ($133.92 per month held back from net rent)

A prime location with an excellent partnership with the Mantra and the returns are there with minimal input for you at all for this investment. If this opportunity is of interest, do not miss out.

Call Brett Giles from Ray White Geraldton to Register Your Interest Today!!

Property features

Property snapshot by reiwa.com

This property at 6/1 Museum Place, Geraldton is a two bedroom, two bathroom apartment listed for sale by Brett Giles at Ray White Geraldton.

For more information about Geraldton, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Geraldton profile page.

If you would like to get in touch with Brett Giles regarding 6/1 Museum Place, Geraldton, please call 0409 088 604 or contact the agent via email.

Cost breakdown

  • Council rates: $2,710 / year
  • Water rates: $1,863 / year

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Nearby schools

0.8km
Geraldton Flexible Learning Centre
  • Secondary
  • Non-government
0.9km
St Francis Xavier Primary School
  • Primary
  • Non-government
1.0km
Nagle Catholic College
  • 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 $390k
Median $345k
Low end $280k
This listing
4.5 %
Annual growth
$345k
Annual median sales price
$425pw
Annual median rental price

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FAQ's

The median house price in Geraldton is $345,000, the median unit price is $192,000.

Nearby schools include Geraldton Flexible Learning Centre, St Francis Xavier Primary School and Nagle Catholic College.

You can calculate your mortgage repayments using our mortgage calculator.

6/1 Museum Place, Geraldton has been viewed 195 times on reiwa.com, and has appeared 42,282 times in reiwa.com search results.

6/1 Museum Place, Geraldton is a 2 bedroom, 2 bathroom apartment.
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