Recently renovated 2 bedroom unit located perfectly, close to town, shops, beach and restaurants.
This property would suit an investor looking to have a piece of the Geraldton market in their portfolio with an opportunity to collect a healthy return on investment now and with the rental market at extremely tight vacancy rate a high probability of rent increases in at least the short to medium time frame and with this the knock on affect to capital value. In a very neat complex of fifteen units with this one probably the pick of the lot.
Location is fantastic walking distance to town it has a extremely good rental history with the current tenant has a lease until May 2025 at $310pw with a rent review in December.
To arrange an inspection call the exclusive listing agent Mike Paterson on 0408 953 962.
? Shire Rates $2,000 per annum approx.
? Water Rates $1,300 per annum approx.
? Strata Fees $900 per 1/4 Approx.
Disclaimer:
Every effort has been made to ensure the accuracy of this advertisement, but accuracy cannot be guaranteed. The information provided is believed to be accurate but may be subject to change. Prospective buyers should verify all details and conduct their own inquiries. This advertisement does not constitute a representation by the owner or agent and is not included in any contract.