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250 Marine Terrace Geraldton WA 6530

  • Shop & Retail
  • 1,500 m²
  • For Sale, Offers to Purchase Invited

CBD FORESHORE DEVELOPMENT SITE

  • 16,230sqm* over 4 super lots
  • Prime Marine Terrace frontage
  • Flexibilility for wide range of uses

CBRE in conjunction with Active West Real Estate is pleased to present to market the opportunity to purchase this substantial Geraldton CBD Foreshore development site, located on Marine Terrace.

The most strategically located development site of scale in Geraldton, this truly generational opportunity offers a range of commercial and residential uses with potential for 5 levels and expansive ocean views.

- Suitable for retail, hotel, residential, commercial, large format, medical, aged care & others
- 3 extensive street frontages on Marine Terrace, Lester Avenue and Fitzgerald Street across 4 Super Lots
- 100m* to the waters edge and direct access to the foreshore parklands and recreation area
- Includes the Geraldton Beach Hotel, Bottlemart, Marine Terrace tenancies and Lester Avenue showrooms / warehouse.
- Residual holding income across numerous tenancies with opportunity for improvement and extension

The property benefits from favourable planning controls and has a 'Regional Centre' zoning that allows for a 5-storey development with bonuses available should performance criteria be met.

The properties are available in-one-line, as individual lots or any combination of lots.

For more information please contact the exclusive selling agents.

*approx

Derek Barlow
CBRE Perth
Derek Barlow
CBRE Perth
Phil Sorgiovanni
Activewest Real Estate
Phil Sorgiovanni
Activewest Real Estate

Property Highlights

Property ID2016074050
Floor Area1,500 m²
Land Area1.62 ha
ParkingOn site parking available
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  17 May 2021
Map for 250 Marine Terrace Geraldton WA 6530
Map for 250 Marine Terrace Geraldton WA 6530250 Marine Terrace Geraldton WA 6530
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Derek Barlow
CBRE Perth
Derek Barlow
CBRE Perth
Phil Sorgiovanni
Activewest Real Estate
Phil Sorgiovanni
Activewest Real Estate

Property Highlights

Property ID2016074050
Floor Area1,500 m²
Land Area1.62 ha
ParkingOn site parking available
Building TypePartial building
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  17 May 2021
CBRE Perth
Level 25, Qv1, 250 St Georges Terrace Perth WA 6000
Derek Barlow
CBRE Perth
Derek Barlow
CBRE Perth
Phil Sorgiovanni
Activewest Real Estate
Phil Sorgiovanni
Activewest Real Estate

Ask Derek Barlow about this property

Derek Barlow

Derek Barlow

CBRE Perth

Phil Sorgiovanni

Phil Sorgiovanni

Activewest Real Estate

0417 *** ***
0417 941 478

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