No Fuss Investment

What is your criteria for an investment property or maybe you have a plan to move in one day? All of us have different needs and if you like a set and forget type of property, this is a fantastic example.
• Impressive 2 bedroom, 2 bathroom apartment that faces the Museum
• Owners/Tenants have use of Mantra Pool and BBQ areas.
• Secure parking.
• Central Geraldton near the Marina.
• Part of the Mantra Group
• Leased by the Mantra since it was built and the current lease runs until 17 August 2027
• Net rent of over $26,000 net per year regardless of occupancy
• All expenses paid by Mantra including water, sewerage, strata, and council rates
• 6% chattels replacement fund allowed for in the net return. ($138 per month held back from net rent)

The location is fantastic, the history of excellent trade continues and the returns are there with very little input for you at all. If this sounds like your kind of investment, call Henry van Tiel on 0429 995 121 for details today. If you would like to move in and live in the Marina area, you will need to wait until the new agreement comes up to opt out. A great price entry point into a very sought after location though.

Like an appraisal on your property then please call Team Van Tiel on 0429 995 121 and let our family help yours.

*As with any investment, always seek independent advice before proceeding.
Please be advised that this information has been supplied to the best of the agent's knowledge however, it is always advisable for you to complete your own research and due diligence in these matters.

Explore the area

School catchments

St Francis Xavier Primary School Primary PP-6 Catholic 1.0km
Nagle Catholic College Secondary 7-12 Catholic 1.0km
Geraldton Grammar School Combined PP-12 Independent 1.1km
Geraldton Primary School Primary K-6 Government 1.1km
Geraldton Senior High School Secondary 7-12 Government 1.2km
Allendale Primary School Primary K-6 Government 1.3km
Beachlands Primary School Primary K-6 Government 2.1km
Rangeway Primary School Primary K-6 Government 2.1km
St John's School Primary PP-6 Catholic 2.3km
Meekatharra School Of The Air Primary K-6 Government 2.9km
St Lawrence's Primary School Primary PP-6 Catholic 3.0km
Bluff Point Primary School Primary K-6 Government 3.5km
Champion Bay Senior High School Secondary 7-12 Government 3.5km
Geraldton Christian College Combined PP-12 Independent 3.7km
Mount Tarcoola Primary School Primary K-6 Government 4.0km
Wandina Primary School Primary K-6 Government 5.8km
Waggrakine Primary School Primary K-6 Government 6.2km
Leaning Tree Steiner School - Glenfield Campus Combined Independent 9.6km
Leaning Tree Steiner School Combined PP-9 Independent 9.6km
Northampton District High School Combined K-10 Government 46.5km
Dongara District High School Combined K-12 Government 61.7km
Mullewa District High School Combined K-12 Government 91.7km
Kalbarri District High School Combined K-12 Government 125.4km
Western Australian College Of Agriculture - Morawa Secondary 10-12 Government 144.1km
Morawa District High School Combined K-12 Government 144.3km
Carnamah District High School Combined K-12 Government 160.8km
Jurien Bay District High School Combined K-12 Government 175.9km

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.

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