2/13 Francis St, Geraldton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Geraldton in the last 12 months.
Welcome to your perfect investment opportunity! Nestled in a small complex, this well-presented 2-bedroom, 1-bathroom unit boasts an unbeatable location within walking distance to the CBD, pristine beaches, cafes, schools and amenities.
The unit is currently tenanted until April 2024, generating a solid rental income of $280 per week.
With the rental market experiencing unprecedented demand, this property promises excellent potential for steady returns. Whether you're a seasoned investor or diving into the market for the first time, seize the opportunity to secure this prime piece of real estate in a highly sought-after location. Don't miss out on this chance to secure your investment in a thriving coastal community.
Features include:
• 2 bedrooms, 1 bathroom
• Very well-presented, north-facing unit on the ground floor.
• Open-plan living, dining and kitchen
• Brand new split system aircon to Living area
• New Flooring throughout
• Security screens all round
• Ideal location, walk to the foreshore, boat ramp, coffee shops, schools & the CBD
• Council Rates - $1,995 per annum
• Water Rates - $1,267.45 per annum
• Annual Strata fees - approx $2,813 incl. Reserve Fund
Call Brett Giles from Ray White Geraldton to Register your Interest Today!!
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 2,428 properties. Over the last 5 years, Houses in Geraldton have seen a 115.27% increase in median value, while Units have seen a 46.83% increase. As at 31 July 2024:
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