Prime Investment with Secure Income & Subdivision Potential

This standout Geraldton property offers two major drawcards: solid rental returns now and serious development potential down the track.

Set on a generous 1,114m² block zoned R30, the site holds triplex subdivision potential (STCA), making it a smart buy for investors with future plans. In the meantime, enjoy guaranteed income with a fantastic tenant in place, paying $430 per week on lease until April 2026.

The home itself has been well cared for and underwent a refresh just two years ago complete with interior and exterior painting and a renovated bathroom. Inside, it’s practical, clean, and appealing, with three good-sized bedrooms and a layout that suits either tenants or future owner-occupiers.

Tucked into a central Geraldton location, it offers unbeatable convenience close to shops, schools, and services another plus for both renters and long-term growth.

At a glance:

1,114m² block zoned R30 – triplex potential (STCA)

Tenanted at $430/week until April 2026

Refreshed interior & exterior paint + renovated bathroom

Split system A/C in living room and all 3 bedrooms

Three bedrooms, well-maintained throughout

Central location near schools, shops, and amenities

Council Rates: approx. $2,600 p.a

Water Rates: approx. $1,420.21 p.a

Contact Will McKenzie on 0419919590 or Enquire Now to arrange a time to view this property.

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants & purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the agent and are expressly excluded from any contract.

Property ID: 1387925