Sold

246 Lester Avenue,
Geraldton 6530, Western Australia

912m² land size
519m² building size
Offices

Price withheld


Property details

Invest NOW, Government Tenant

Ray White Geraldton are pleased to offer the astute investor, an opportunity not to be overlooked.

PROPERTY
* Land: 912 m2 approx
* Building: 591.5m2

LEGAL DESCRIPTION
Lot 17 on Diagram 50357 Certificate of Title Volume 1436 Folio 554

ZONING
Regional Centre

RCODE
RAC-3
For more information on planning, please contact the City of Greater Geraldton Planning department.

NUMBER OF TENANCIES
1

OCCUPANCY
Leased

TENANCIES
Tenancy 1 - Anchor Government Tenant

PROPERTY EXTENT
Whole

TENURE TYPE
Tenanted Investment

STATUTORY & VARIABLE OUTGOINGS
Tenant pays all usual outgoings

KEY PROPERTY INFORMATION
Lease commenced 2007 and expires in October2022, with a 2 x 1 year option
Annual CPI rent reviews

ADDITIONAL FEATURES
Modern building with onsite carparking and drive through accessibility, with auto gates.
New roof installed 2020, New air-conditioning throughout 2020/2021.

GERALDTON
Major economic, mining, tourism, Agriculture hub including Australia's largest grain export terminal.

GERALDTONS FORECAST BY 2036
City of Greater Geraldton population is expected to grow 46% to 56,000.

This property is to be SOLD by Private Treaty.

Viewings are available on request, to obtain more information, please contact listing agent Peter Sukiennik on 0418 939 013.

Explore the area


School catchments

  • Geraldton Primary School Primary K-6 Government 0.30km
  • St Francis Xavier Primary School Primary PP-6 Catholic 0.81km
  • Beachlands Primary School Primary K-6 Government 1.2km
  • Geraldton Grammar School Combined PP-12 Independent 2.0km
  • Allendale Primary School Primary K-6 Government 2.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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