112-114 Marine Terrace Geraldton WA 6530
- 654 m²
- For Sale, Express Tender
Rare Market Exposure with this Dynamic Precinct Property for sale or for lease
An exciting opportunity exists to acquire Geraldton's most Central City Centre footprint is available with the sale of this property. There are two lettable areas with 654.86m2 in total. Parcel one currently has a 3-year lease in place plus 3-year option with a 8.5m frontage onto Marine Terrace and a lettable 320.3m2. Parcel two has 334.5m2 of total lettable area with approximately 8.5m of frontage on Marine Terrace and 8.5m facing on to the Foreshore. (ALL area + measurements are approximate only)
Would suit an owner occupier with the owner/occupier using the vacant building and enjoying an income from next door straight away or could be perfectly suited to investors who want to utilize the existing vacant area into multiple tenancies by using both frontages. Also a worthy property for a developer who wants to use this parcel of land which is zoned City Centre and under the City of Greater Geraldton Town Planning Scheme Number 3 meaning this zoning permits extensive redevelopment opportunity.
This is a genuine sale or for lease and an unrepeatable opportunity. For sale by Express Tender (if not sold prior) - Confidential Information Memorandum is available by request contact Jim on 0412 991 442.
Total Rates: $13,855 approximately
Total Water: $1,689 approximately
|Floor Area||654 m²|
|Land Area||654 m²|
|Annual Return||Ask Agent|
|Last updated||24 Apr 2019|