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45 Cathedral Avenue, Geraldton WA 6530

  • Offices
  • Floor Size3,495 m²
  • PriceFor Sale, Please contact agent

Secure Investment – Government Tenant

Colliers International is delighted to present to the market 45 Cathedral Avenue, Geraldton.

This 3 level office building is the premier commercial accommodation in Geraldton, and is currently tenanted by a number of Government departments.

The property is situated in direct proximity to Geraldton’s banking precinct, and then on to the major shopping centre in town, Stirlings Central.

The property features include:

• 3,528 sqm land area on the corner of Cathedral Avenue and Chapman Road
• 3,495 sqm NLA of which 80% is leased to government tenants
• Passing net income of approximately $605,938.89 per annum, with the potential for rental upside by leasing the small vacant space
• 40 secure undercover car bays
• 6.16 year WALE (by income)
• Recently replaced Chillers
• Zoned “Regional Centre”
• 3 star NABERS energy rating

The property is available for sale by Offers Invited closing Wednesday 3 April 2019 at 4pm WST.

Please contact the Exclusive Selling Agents to request a copy of the Information Memorandum.

Property Highlights

Property ID2014970304
Floor Area3,495 m²
Land Area3,528 m²
Energy3-star NABERS Energy rating
Parking37 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  28 Feb 2019
Map for 45 Cathedral Avenue, Geraldton WA 6530
Colliers International Perth
Level 26 197 St Georges Terrace Perth WA 6000

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