FOR SALE
$315,000

A/172 Marine Terrace
Geraldton WA 6530

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*BUSINESS FOR SALE* Geraldton Backpackers on the Foreshore

**BUSINESS FOR SALE*Geraldton Backpackers on the Foreshore** Leasehold ONLY
Geraldton Backpackers on the Foreshore is a backpackers hostel offering clean, safe and budget friendly accommodation. It is popular with all avenues of tourist/business travellers.
The property is in the historic isles building precinct and is located adjacent to our beautiful foreshore.
Blessed with beautiful inner-city beaches and a warm, windy climate, the region is a popular destination for watersports enthusiasts and maritime historians.
Property Features
• Social Spaces, sit back and chill, watch a movie or play a game of pool.
• Well appointed kitchen, to prepare your breakfast, lunch or dinner.
• Rooms range from private rooms, women's or men's dorm,
Like to know more?
• Contact Peter or Katrina and request a confidentiality agreement
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Property Details for A/172 Marine Tce, Geraldton

Building Type
Commercial

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About Geraldton 6530

The size of Geraldton is approximately 4.5 square kilometres. It has 6 parks covering nearly 2.4% of total area. The population of Geraldton in 2011 was 3,461 people. By 2016 the population was 3,138 showing a population decline of 9.3% in the area during that time. The predominant age group in Geraldton is 50-59 years. Households in Geraldton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Geraldton work in a professional occupation. In 2011, 50.5% of the homes in Geraldton were owner-occupied compared with 48.9% in 2016.

Geraldton has 2,424 properties. Over the last 5 years, Houses in Geraldton have seen a 110.00% increase in median value, while Units have seen a 67.93% increase. As at 30 November 2024:

  • The median value for Houses in Geraldton is $396,503 while the median value for Units is $314,134.
  • Houses have a median rent of $460 while Units have a median rent of $320.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Geraldton on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Geraldton.

Suburb Insights for Geraldton 6530

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Peter Sukiennik
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Katrina Brown
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Ray White Geraldton
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.