311 Marine TerraceGeraldton WA 6530
Property Details for 311 Marine Tce, Geraldton
Last Listing description (December 2024)
311 + 315 Marine Terrace is located on the edge of Geraldton's town centre. This is a solid building with huge potential, plus loads of land space to create parking with enough land left over to develop - whatever way suits your needs the opportunities here are ripe!There are 10 separate rooms, an ablutions block, kitchen facility and a large room at the front of the building. This could be used for a variety of purposes including backpackers, holiday accommodation, mine worker housing or any sort of accommodation purposes which Geraldton has a huge demand for OR you could transform it into a large high class 10 room office building with large reception area. The existing building requires some work but with some effort this could be transformed or the option to start over on a fresh block could be an option as well.Positioned in the heart of the CBD opposite the Geraldton Port Authority with views of the harbour and surrounded by the big iconic Geraldton Pines this property is sure to grab anyone's attention. Consisting of 2 titles, zoned Mixed Use R80.Lot 1: 771m2Lot 2: 1568m2Total land: 2339m2 totalLevel building blockZoned: Mixed Use R80Rates combined: $3,150Water combined: $3,14Contact the Exclusive Agent Jim Quinn on 0412 991 442 to discuss this property further.
Property History for 311 Marine Tce, Geraldton, WA 6530
- 07 Nov 2024Listed for Sale UNDER CONTRACT
- 05 Nov 2024Sold for $900,000
- 01 Oct 2019Listed for Sale Offers From $899,000 plus GST
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0About 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.
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