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83 & 85 Marine Terrace, Geraldton WA 6530

From $449,000
  • 1 Bedroom
  • 1 Bathroom
  • Landsize 330m2
House
83 & 85 Marine Terrace, Geraldton WA 6530

Own Your Position on Marine Terrace

Marine Terrace is Geraldton’s premier CBD strip and opportunities to actually own a piece of it are becoming increasingly difficult to find.

Whether you're looking for a home for your business, a commercial investment or an opportunity with longer-term potential, 83 & 85 Marine Terrace deserve your attention.

NOW SELLING
83 Marine Terrace – Offers Above $449,000

85 Marine Terrace – Offers Above $475,000

Purchase one or secure both.

THE PROPERTY
Location is everything in commercial real estate, and it doesn't get much more central than this.

Positioned amongst some of Geraldton's most recognised cafés, restaurants, retailers and professional businesses, these properties place you right in the middle of the action.

Importantly, the properties are held on two separate titles and are now being offered individually, opening the opportunity to buyers who may have previously considered the combined holding beyond their requirements.

For an owner occupier, this could be the chance to stop paying rent and secure your own piece of Marine Terrace from just $449,000.

For an investor, the current owner is willing to consider leasing back the premises, potentially providing income from day one while you hold a quality CBD asset for the future.

Then there is the parking.

Behind the two properties are six on-site car bays, something incredibly difficult to replicate in this section of the CBD and a genuine point of difference for staff, customers or future tenants.

For buyers thinking longer term, there may also be potential to further develop the properties, subject to the relevant approvals. The possibility of building upwards could create an entirely different use of the site into the future.

Secure 83 Marine Terrace, secure 85 Marine Terrace or take advantage of the rare opportunity to own both adjoining properties and approximately 316sqm in the heart of Geraldton's CBD.

WHO TO CONTACT
Contact Dave to discuss your offer, leaseback options or to arrange your inspection.

Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Property features

  • Floor area 216m2

Property snapshot by reiwa.com

This property at 83 & 85 Marine Terrace, Geraldton is a one bedroom, one bathroom house listed for sale by Dave Rawlingson at The Agency.

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 Dave Rawlingson regarding 83 & 85 Marine Terrace, Geraldton, please call 0439 510 498 or contact the agent via email.

Cost breakdown

  • Council rates: $9,450 / year
  • Water rates: $2,500 / year
  • Strata fees: $5,962 / quarter

Nearby schools

0.5km
Nagle Catholic College
  • Secondary
  • Non-government
0.6km
St Francis Xavier Primary School
  • Primary
  • Non-government
0.7km
Geraldton Primary School
  • Primary
  • 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 $685k
Median $600k
Low end $518k
18.7 %
Annual growth
$600k
Annual median sales price
$560pw
Annual median rental price

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FAQ's

83 & 85 Marine Terrace, Geraldton has been viewed 186 times on reiwa.com, and has appeared 35,626 times in reiwa.com search results.

You can calculate your mortgage repayments using our mortgage calculator.

The median house price in Geraldton is $599,500, the median unit price is $386,250.

83 & 85 Marine Terrace, Geraldton is listed for sale by Dave Rawlingson at The Agency.

You can contact the agent here.

The average number of selling days in Geraldton is 33 days.
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