Reiwa Reiwa
71A & 71B Forrest Street, Geraldton WA 6530

71A & 71B Forrest Street, Geraldton WA 6530

Sold price: $460,000
Sold
Sold: 27 Sep 2022

4 Bedrooms

2 Bathrooms

House

Contact the agent

David Sorgiovanni

0407388048

Activewest Real Estate


DOUBLE THE OPTIONS

DUPLEX PAIR- 2 STREAMS OF INCOME IF RENTED
CITY CENTRE ZONING (R80 DENSITY)
MULTIPLE USES- SO MUCH MORE THAN JUST A RESIDENTIAL DWELLING

OPTIONS, OPTIONS, OPTIONS- the flexibility of this property makes it rare and unique in so many ways. It can stay as it currently is, rented out to two separate tenants. Or, if you look around at the professional businesses that utilize this CBD location, you will see that you can use this to your advantage to exploit your opportunity.

The current status is that 71A is currently rented for $320 per week and 71B is for $290 per week.
That’s currently $610 per week rent!!!

There is scope for extra development if you have grander plans. There is rear access to the property via the Right of Way that leads to the back yard.

Does this fit your profile? If you need to talk about the business side of things, Matt Poynton (Activewest’s Commercial Manager 0437770301) can also help with what options you may be able to generate in the commercial sector.

DAVID SORGIOVANNI 0407 388 048

Nearby schools

St Francis Xavier Primary School Primary Non-government 0.6km
Geraldton Flexible Learning Centre Secondary Non-government 0.6km
Nagle Catholic College Secondary Non-government 0.8km
Geraldton Primary School Primary Government 1.0km
Geraldton Senior High School Secondary Government 1.0km
Holland Street School Combined Specialist 1.1km
Allendale Primary School Primary Government 1.3km
Geraldton Grammar School Combined Non-government 1.3km
Rangeway Primary School Primary Government 1.7km
St John's School Primary Non-government 1.8km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:4417548