68 Chapman Road, Geraldton WA 6530

Options Aplenty for Established CBD Commercial Space

Situated in the heart of town, this 1,214 sqm property boasts exceptional exposure to Chapman Road, with over 13,000 vehicles passing daily*. The site comprises a multi-level building offering secure income upstairs and flexibility on the ground floor.

The ground-floor tenant is currently in the process of vacating, with this area expected to be fully vacant within the next few months. This presents an excellent opportunity for owner-occupiers seeking approximately 330 sqm of prime commercial space.

Alternatively, investors seeking a passive income may choose to secure a new tenant to establish multiple income streams. The prominent street frontage and strong signage opportunities are likely to attract a broad range of businesses. With well-positioned access points and amenities, the ground floor could also be subdivided into two tenancies, allowing flexibility for owner-occupation or up to three separate income streams.

Shops 1 & 2 (Entire Ground Floor)
• Expected to be vacant within coming months
• 332 sq (approx.) of commercial space, large open-plan retail/showroom area with flexible layout
• Includes rear services area, kitchenette, storeroom and multiple ablutions
• Modern goods-inward garage and undercover carport
• Exclusive parking bays as well as shared customer bays
• Potential to be split into two separate areas

Shop 3 (First Level)
• Approximately 200 sqm (approx.) of well-presented office accommodation
• Abundant natural light throughout first-floor offices
• Lease secured until 30 June 2029, with further renewal option
• Net rental income of $23,000 per annum
• Annual rental reviews providing income growth
• Exclusive parking bays
• Private terrace courtyard on first level

Located within 600 m of the Foreshore, Marine Terrace Mall and Northgate Shopping Centre, this highly visible property offers convenience and accessibility. Adding to its appeal, the property sits across the road from Station Square, where the continual development of Batavia Coast Marina – Stage 2 will further activate and enhance the area.

The Regional Centre zoning further enhances the property's appeal, allowing for a wide variety of potential uses including retail, tourism, medical, office, consulting and hospitality (STCA).

Council Rates 2025/26: $7,039 (approx.)
Watercorp Rates 2025/26: $5,212pa (approx.)

Offered for sale by Expressions of Interest, price guide of low to mid $1,000,000’s.

For more information or to receive a copy of the Information Memorandum, please contact:
Sam Scally | 0498 444 390
Matt Poynton | 0437 770 301

* Maindroads.wa.gov.au