Secure a Set-and-Forget Investment in a Central Geraldton Location

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15/137 George Road, Beresford WA 6530

Offers From $225,000

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$225k - $236k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 1 Bed 1 Bath 49 m²

Listed: 12 days ago

Overview

This centrally located one-bedroom unit in Beresford offers an excellent entry point into the Geraldton property market, particularly appealing for investors seeking a stable, low-maintenance rental asset. The property benefits from a tenant already in place, providing immediate rental income potential subject to existing lease conditions.

Positioned to combine convenience and coastal lifestyle, the unit is just a short drive from Geraldton CBD, local shopping centres, schools, and the nearby beaches. This accessibility enhances its appeal for tenants prioritising practicality and affordability.

The compact layout supports comfortable and functional living, emphasizing ease of day-to-day management. Ideal for investors or first home buyers looking to secure a property with a practical footprint, its manageable size minimizes upkeep while maintaining essential amenities.

Additional lifestyle advantages include proximity to coastal recreational spots such as Champion Bay Beach, along with local cafes and services that enrich the living experience. The property’s low council rates contribute to its cost-effectiveness.

In summary, 15/137 George Road presents an opportunity to hold a well-positioned residential unit within a sought-after regional centre, suited for those aiming to capitalise on Geraldton’s growing appeal without extensive maintenance obligations.

Local Market Insights

In Beresford, Quiet Listings observed 8 new units entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $446,000. The property type mix of listed properties is predominantly Houses at 67%, followed by units (18%), and land (12%). The only agency with for units listings currently monitored in the Beresford 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.