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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

12 Francis Street, Geraldton WA 6530

$340,000

Unit 2 Beds 1 Bath 1 Car 96 m² 589 m²
Listed: 18 hours ago
Overview

Situated in a highly convenient central Geraldton location, this tidy two-bedroom unit offers an appealing blend of practicality and comfort, ideal for those seeking a low-maintenance lifestyle. The property's strategic position allows easy walking access to the town center, local beaches, shops, cafés, and essential amenities, enhancing everyday convenience and leisure opportunities.

The unit’s design delivers a sensible layout with two bedrooms and one bathroom, complemented by comfortable living spaces equipped with a split system for climate control. A private courtyard extends the living area outdoors, providing a quiet space to relax or entertain. This thoughtful combination of indoor and outdoor areas creates a versatile environment that adapts well to different needs.

This property is attractive for a variety of buyers, including first-home buyers looking for easy care accommodation, downsizers aiming to simplify their living, and investors interested in a reliable income stream and future capital growth. Currently tenanted at $320 per week under a fixed lease until November 2026, it offers stable investment potential. A recent rental appraisal suggests a market rent between $350 and $400 per week, subject to conditions.

Enhancing its investment appeal, the unit is part of a strata scheme with quarterly fees around $1,000, which supports the upkeep of common facilities and overall property management, reducing maintenance responsibilities for the owner.

This centrally located unit combines convenience, lifestyle, and financial opportunity in one accessible package, making it a worthy consideration for both owner-occupiers and investors seeking a well-positioned property in Geraldton.

Local Market Insights

In Geraldton, 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 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
New Listings (last 30 days)
8
Average price
$446,000
Lowest price
$225,000
Highest price
$650,000
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