'UNDERVALUED OPPORTUNITY' Situated in a prime location, this 652m2 zoned R30 block, shares a 3-bedroom, 1 bathroom home presenting a very affordable opportunity for the astute property investors/developers. It is currently Tenanted at $290 per week with the potential to increase with strong economic conditions being sustained and improving for the region. For the renovators - it's in need of a little TLC but is still a very tidy home, in a stable and liveable area.

For the developer, the existing zoning presents an opportunity to develop and scale up. Future capital growth and a good return on investment are possible due to its proximity and easy access to public transport infrastructure, town centre, shopping centres, local schools, public parks, Geraldton's recently developed town foreshore, beautiful beaches and its current shipping port, including the green energy projects (yet to be approved) by the State government to be developed at Oakajee.

An inspection is recommended as the property is being sold in "AS IS" condition. For your exclusive viewing please phone Chris Moore on 0439 926 306.

Zoned R30 (open to development)
Council rates approx. $2050.00 p/a
Water rates approx. $1338 p/a (Sewer connected)

*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition).