Potential 5.3% GROSS ROI

11 Zamia Street, Rangeway presents a straightforward investment opportunity in one of Geraldton’s most active entry-level markets.

Offered with vacant possession, the property is rent-ready with a current rental estimate of $420-$440 per week, equating to an approximate gross yield of 5.0% – 5.3% at $430,000.

Set on a 692m² block, the home includes:
3 bedrooms
1 bathroom
Additional games room / second living area
Side access to double colourbond carport
Enclosed workshop

The layout is practical. The block size is attractive. The side access and workshop add usability for tenants, which supports leasing appeal in this price bracket.

Rangeway continues to see consistent buyer and investor activity due to its affordability and improving price trajectory. Properties at this level remain accessible compared to other Geraldton suburbs, while still offering land size and rental demand.

Council Rates: Approx. $2,270 p.a.
Water Rates: Approx. $295 p.a.

For investors focused on numbers, entry price and rental demand, this is a clean, uncomplicated opportunity.

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 but may be subject to change without warning at any time, which 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.