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Overview
This two-bedroom unit presents an ideal residence or investment opportunity in the highly sought-after Geraldton Marina precinct. Its premium location offers expansive coastal views from the rear balcony, allowing mornings spent observing local boat ramp activity and evenings to enjoy tranquil sunsets along the coastline.
The property is well-suited to buyers seeking a low-maintenance, lock-up-and-leave lifestyle, particularly those without the need or desire for a yard. Its functional design includes two bedrooms with built-in robes, a central kitchen seamlessly connected to dining and living areas, and practical features such as separate toilet and laundry facilities.
Additional conveniences include air conditioning to enhance comfort and a lock-up garage that accommodates small to medium-sized vehicles.
Currently leased until early 2027 and previously operated as an Airbnb, this unit offers strong rental returns and flexibility for investors or those looking for staff accommodation or a Geraldton base when visiting from out of town.
The adjoining unit, a mirror image sharing common foyer stairs, is available at the same price presenting potential for a creative purchaser to combine both into a larger four-bedroom home. This factor combined with close proximity to the city center and imminent Station Square development makes this an attractive long-term prospect.
- Two bedrooms with robes
- One bathroom plus separate toilet
- Central kitchen with dining and living areas
- Laundry and air conditioning
- Rear balcony with coastal views
- Lock-up garage for small to mid-size vehicles
- Leased until 2027 with strong returns
- Strata fees approximately $822 per quarter
- Council rates approximately $3000 per annum
- Water rates approximately $1643 per annum
Overall, the property combines functional living spaces with an enviable location and strong investment potential in the heart of Geraldton's vibrant marina precinct.
Local Market Insights
In Geraldton, Quiet Listings observed 4 new units entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $656,000. The property type mix of listed properties is predominantly Houses at 69%, followed by land (15%), and units (7%). The only agency with for units listings currently monitored in the Geraldton area is Ray White. 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.
Location
Market Insights for Geraldton WA 6530
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