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83 & 85 Marine Terrace, Geraldton WA 6530

From $449,000

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$449k - $471k Transparent Transparent Listing Based on an openly advertised listing price.

House 1 Bed 1 Bath 6 Cars 330 m² 216 m²

Listed: 3rd Jul 2026

Updated: 26 days ago

Overview

Located in the bustling commercial and hospitality heart of Geraldton, this dual-title property at 83 & 85 Marine Terrace offers a rare opportunity for buyers seeking a strategic CBD investment or operational base.

Featuring a substantial floor area of approximately 216sqm on a combined land area of roughly 330sqm, the asset provides a flexible layout with six dedicated on-site parking bays—a notable convenience in this sought-after location.

The property's premium exposure along Marine Terrace ensures excellent visibility and strong pedestrian traffic, further enhanced by its proximity to an established mix of cafes, restaurants, and professional services. This makes the site particularly appealing for owner-occupiers aiming to anchor their business in a landmark position or investors looking for long-term capital growth potential in Geraldton’s main commercial strip.

Additionally, the separate titles provide options to acquire individually or combined, offering buyers versatility in their purchase strategy. The owner is open to leasing back the property, presenting immediate income opportunities and flexibility for incoming purchasers.

Potential future development possibilities may include upward expansion (subject to council approval), presenting an uncommon opportunity to add commercial space or residential apartments in this tightly held precinct.

Overall, this property merges prime location, functional space, and rare parking availability, suitable for a variety of commercial uses in Geraldton’s thriving CBD.

Local Market Insights

In Geraldton, Quiet Listings observed 36 new houses entering the market over the last 30 days, down from 43 during the previous 30-day period, with an average advertised asking price of $747,528. The property type mix of listed properties is predominantly Houses at 68%, followed by land (13%), and units (11%). The most active agency for houses in the Geraldton area is currently Ray White, representing 53% of new listings, followed by The Agency with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.