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Retail in Geraldton
Own a slice of the Terrace
- Building: 355m²
- Land: 468m²
Under instructions from HLB Mann Judd Insolvency WA, RWC WA is pleased to present 122-124 Marine Terrace, Geraldton for sale via Expressions of Interest.
122-124 Marine Terrace, Geraldton occupies a prominent, central position on Marine Terrace, which is the main retail strip of the Geraldton town centre and benefits from its rear access and frontage to Foreshore Drive and provides a fantastic opportunity to purchase a leased retail investment in the heart of the Geraldton CBD. The property comprises a regular shaped site of 468sqm*² improved with a retail showroom comprising two separate tenancies being 100% occupied by two retail tenants; a discount store trading as The Two Buck Shop and a café trading as The Comfort Zone Café & Lounge.
Property details:
- Central retail strip
- Prominent location with future redevelopment potential
- High level of exposure
- On-site parking to rear with adjoining public parking
- Ocean views to rear
- Passing income $74,049 plus GST (effective 22 July 2024)
For further information, please contact the exclusive selling agents below:
Brett Wilkins
RWC WA
M: 0478 611 168
E: brett.wilkins@raywhite.com
Andrew Woodley-Page
RWC WA
M: 0438 939 869
E: andrew.woodley-page@raywhite.com
*approx
355m²
468m² / 0.12 acres
Regional Centre
Tenanted
Investment Information
Fully Tenanted
N/A (Marketed Without Price)
N/A (Marketed Without Price)
* Total annual expenses are based upon information provided by the vendor. They exclude potential costs that will vary according to the purchaser. Excluded costs include, but are not limited to, management and leasing fees, marketing costs, repairs and maintenance.
All provided figures are estimates and should not be relied upon by a purchaser. The returns are not guaranteed. Further disclaimers apply
