128 Chapman Rd, Geraldton, WA 6530

An exciting opportunity awaits for the astute investor that recognises the housing shortage in Geraldton

The seller would like to rent back and retain part of the building with the addition space which comprises of 5 'possible' bedrooms and 1 bathroom is the perfect short term accommodation option

If you are a business owner, looking for accommodation for your team to stay in, this could be it!

THE BUILDINGS

* Prime CBD precinct with significant street expose

* Reception, office rooms, bathroom

* Separate access to beauty rooms

* Private front courtyard

* Off street parking at the rear

* Solar panel system

THE LAND

* 572sqmsqm in total

* Zoned Mixed Use

* Multiple customer parking bays at the rear

INVESTMENT

* Tenant 1 Accountant $2000 pm expire 31/01/2026 with two by 2 year options. Rent to increase by annual CPI 31/01/2028

* Tenant pays all outgoings

* Council rates $7800p/a (approx.)

* Water rates $2156p/a (approx.)

LOCATION

* Beach 300 m

* Northgate Shopping Centre 200 m

* Geraldton Grammar School 500 m

* Geraldton CBD 1 km

WHAT NEXT

This is an opportunity too good to miss! Be quick to make an offer with Lara, Warrick, Serena or Darren from Team Sadowski/Nevill on 0455 195 799 before you miss out!

"Demonstrating the difference in real estate one property at a time"

DISCLAIMER: The contained description is for advertising and marketing purposes only. Every care has been taken with the preparation of the information supplied. We can not guarantee their accuracy and accept no responsibility for the results of any actions taken, or any reliance placed upon this document. All interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained in the text are not intended to form part of any contract.