SOLD
Sold on 28 May 2024 for $650,000

18 Larkin Street
Geraldton WA 6530

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 403m2
Land area: 2027m2
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Property Details for 18 Larkin St, Geraldton

Building Type
Commercial
Year Built
1985
Floor Size
403m2
Land Size
2027m2
Local Government
Greater Geraldton
Lot/Plan
2808/P215718

Last Listing description (March 2024)

The site is set in the City of Greater Geraldton Service Industry area, located on West Side of North West Coastal Highway between Clark Street & Jensen Street. One Street off North West Coastal Highway.Located in the cul-de-sac of Larkin Street. This industrial opportunity will be in high demand with increasing demand for industrial land.The property comprises:Land area: 2027 m2- North West Boundary: 24m (street frontage)- Southern Boundary: 46.87m (Clark Street potential advertising)- East Boundary: 55.74m - - Western Boundary: 39.54m- Corner North/Eastern Boundary: 14mImprovements:- Office/Shed: 360m2 L30m x W12m (approx)Office:Ground floor- 4m x 12 m open plan office- 1 x 12m2 (approx) office with potential for more- Ladies/Gents' bathroom- NBNUpstairs- 1 x 32m2 office- 1 x 16m2 officeShed1- 264m2 22m x 12m (approx)- 2 large sliding doors- Three-phase power in abundance Mezzanine- 4 x 12m (approx) great for overflow stock and partsShed 2:- 120m2 (approx)- Mezzanine floor East 40m2 approx L 10m x W4m- Mezzanine floor West 40m2 approx L 10m x W4m- High truss roller doors- Perfect for storing that large boat- Concrete pad to the right, handy for hardstand parking.Property:- Blue metal coverd yard18 Larkin Street, Geraldton will be available for vacant possession.Local Government Authority: City of Greater GeraldtonLPS No 1 Zone: Service CommercialRoads - - The site is accessible by a sealed road, located in the corner of Larkin Street cul-de-sac.Drainage:- The subject site has a slight decline on the west side of the blockWater Supply:- Water services are available and connected- Deep sewerage is not availablePower, Gas and Telecommunications:- Power and telecommunication services are available on-site.- Natural Gas is not available onsite.Accessibility:- Close proximity to the Geraldton Southern Corridor linking to Midwest Port and Geraldton's Airport and North West Coastal HighwayThis is an outstanding opportunity to lease a significant industrial property in the industrial market in the Geraldton & Midwest Region.To schedule a viewing, contact Simon Woodacre on 0427 636 585.

Property History for 18 Larkin St, Geraldton, WA 6530

A timeline of how this property has performed in the market
Last Sold
$650,000
28 May 2024
Listed for Rent
29 Mar 2024
  • 28 May 2024
    Sold for $650,000
  • 03 Nov 2023
    Listed for Rent $40,000 / year
  • 13 Sep 2023
    Listed for Sale Expressions of Interest
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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 2,426 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 17 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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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.