40/219 Foreshore Dr, Geraldton is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 80m2.
Make no mistake. This is the premium place to stay in Geraldton and the Mantra group have recently committed to another 5 year lease back with a 5 year option. It is right in the heart of the Marina and next to the town beach, foreshore and Marina areas and this unique location should ensure it remains at the very top of people's choice of where to stay in Geraldton.
The self-contained Apartment has an internal living area of 85 m2 plus a balcony of 11 m2, ducted reverse cycle air, good size Kitchen, laundry, use of the Pool and BBQ area and they are maintained in excellent condition.
The returns are real and if you want a strong long term investment with minimal involvement, these are well worth considering.
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 2,422 properties. Over the last 5 years, Houses in Geraldton have seen a 119.08% increase in median value, while Units have seen a 72.53% increase. As at 31 October 2024:
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