Investor Alert - 8.5% Return
128 Chapman Road, Geraldton WA 6530
$839,000
Other CommercialSize: n/a
Block size: 572 m² approx.Other Commercial size: 275 m² approx.
Properties of this nature are rarely offered for sale in the Mid West let alone in the heart of the CBD! Do not let this quality investment opportunity pass you by.
THE BUILDINGS
* Prime CBD precinct with significant street expose
* Reception, office rooms, bathroom
* Separate access to beauty rooms
* Private front courtyard
* Off street parking at the rear
* Solar panel system
THE LAND
* 572sqmsqm in total
* Zoned Mixed Use
* Multiple customer parking bays at the rear
INVESTMENT
* Tenant 1 Accountant $1800pm expire 31/01/2026 with two by 2 year options. Rent to increase by annual CPI 31/01/2028
* Tenant 2 Beauty Salon $4200pm expire 31/01/2026 with two by 2 year options. Rent to increase by annual CPI 31/01/2028
* Tenants pay all outgoings
* Council rates $7800p/a (approx.)
* Water rates $2156p/a (approx.)
HOW TO INSPECT
Contact exclusive listing agents Lara, Warrick, Dave or Serena from Team Sadowski/Nevill on 0455 195 799 to inspect this bluechip investment.
"Demonstrating the difference in real estate one property at a time"
DISCLAIMER: The contained description is for advertising and marketing purposes only. Every care has been taken with the preparation of the information supplied. We can not guarantee their accuracy and accept no responsibility for the results of any actions taken, or any reliance placed upon this document. All interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained in the text are not intended to form part of any contract.
THE BUILDINGS
* Prime CBD precinct with significant street expose
* Reception, office rooms, bathroom
* Separate access to beauty rooms
* Private front courtyard
* Off street parking at the rear
* Solar panel system
THE LAND
* 572sqmsqm in total
* Zoned Mixed Use
* Multiple customer parking bays at the rear
INVESTMENT
* Tenant 1 Accountant $1800pm expire 31/01/2026 with two by 2 year options. Rent to increase by annual CPI 31/01/2028
* Tenant 2 Beauty Salon $4200pm expire 31/01/2026 with two by 2 year options. Rent to increase by annual CPI 31/01/2028
* Tenants pay all outgoings
* Council rates $7800p/a (approx.)
* Water rates $2156p/a (approx.)
HOW TO INSPECT
Contact exclusive listing agents Lara, Warrick, Dave or Serena from Team Sadowski/Nevill on 0455 195 799 to inspect this bluechip investment.
"Demonstrating the difference in real estate one property at a time"
DISCLAIMER: The contained description is for advertising and marketing purposes only. Every care has been taken with the preparation of the information supplied. We can not guarantee their accuracy and accept no responsibility for the results of any actions taken, or any reliance placed upon this document. All interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained in the text are not intended to form part of any contract.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Team Sadowski/Nevill to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Other Commercial
Block Size:
572 m²*
Other Details
Lot:
4
Other Commercial Size:
275 m²*
Legal description:
P003182/4
*These are approximate values based on available information.
Maps and area information
Block information
Block size: 572m² (approx)
Legal description: P003182/4
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
49 years
Population
3,246
Listing ID: 182366184. This listing has been viewed 0 times. It was first displayed on 12/03/2024 and last updated on 30/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.