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18/1 Museum Place
Geraldton WA 6530

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 129m2
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Property Details for 18/1 Museum Pl, Geraldton

18/1 Museum Pl, Geraldton is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 129m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in Geraldton in the last 12 months.

Building Type
Unit
Land Size
129m2
Local Government
Greater Geraldton
Lot/Plan
34/S043221

Last Listing description (October 2024)

What is your criteria for an investment property? Everyone has different needs, and if you're looking for a "set and forget" investment, 18/1 Museum Place could be perfect for you.

• Impressive 2-storey, 3 bedroom, 2 bathroom apartment on the Foreshore
• Part of the Mantra Group

• Leased by the Mantra since it was built and the current lease runs until 17 August 2027
• Net rent of over $32,000 per year regardless of occupancy
• All expenses paid by Mantra including water, sewerage, strata, and council rates and management fees.

Located in a desirable development close to the city and waterfront, this property offers great value with a price guide starting from $460,000. The unit features high-quality appliances, stylish furniture, and a beautiful interior design throughout. Guests can enjoy both indoor and outdoor living areas, a resort-style pool, and the proximity to shopping, cafes, and restaurants.

With its prime location, excellent rental history, and minimal input required from you, this property presents a fantastic investment opportunity. If this sounds like the right investment for you, please contact Janette Brennan at 0417 091 665.

Property History for 18/1 Museum Pl, Geraldton, WA 6530

A timeline of how this property has performed in the market
Last Sold
04 Oct 2024
  • 04 Oct 2024
    Sold for $455,000
  • 29 Aug 2024
    Listed for Sale Under Contract
  • 29 Mar 2018
    Sold for $400,000
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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 2,425 properties. Over the last 5 years, Houses in Geraldton have seen a 122.56% increase in median value, while Units have seen a 67.23% increase. As at 30 September 2024:

  • The median value for Houses in Geraldton is $391,031 while the median value for Units is $293,520.
  • Houses have a median rent of $460 while Units have a median rent of $320.
There are currently 14 properties listed for sale, and 13 properties listed for rent in Geraldton on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Geraldton.

Suburb Insights for Geraldton 6530

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Contact agent
Janette Brennan
Show contact details
Ray White Geraldton
Preferred contact:
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.