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6/1 Museum Place, Geraldton WA 6530

Apartment
22
Block size: 2.03 Hectares approx.

CBD Investment

Looking for an easy-care, low-maintenance investment property? This is one to consider, with its close proximity to the heart of Geraldton and availability to the stunning foreshore and beaches look no further.

• Impressive 2 bedroom, 2 bathroom apartment
• Part of the Mantra Group
• Leased by the Mantra since it was built and the current lease runs until August 2027
• Net rent of over $26,784.84 per year regardless of occupancy
• All expenses paid by Mantra including water, sewerage, strata, and council rates
• 6% chattels replacement fund allowed for in the net return. ($133.92 per month held back from net rent)

A prime location with an excellent partnership with the Mantra and the returns are there with minimal input for you at all for this investment. If this opportunity is of interest, do not miss out.

Call Brett Giles from Ray White Geraldton to Register Your Interest Today!!

Inspections

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Key details

Bedrooms:
2
Bathrooms:
2
Property type:
Apartment
Block Size:
2.03 Hectares*

Other Details

Lot:
22
Legal description:
S043221/22
Ray White Geraldton

Maps and area information

Block information
Block size: 2.03Hectares (approx)
Legal description: S043221/22
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales

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We found 4 apartments with 2 bedrooms that just sold near 6/1 Museum Place Geraldton

Property history

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See Geraldton's suburb profile

Geraldton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
49 years
Population
3,246
Listing ID: 182151627. This listing has been viewed 12 times. It was first displayed on 07/12/2023 and last updated on 23/04/2024.
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.