10 Armstrong Street

Geraldton WA 6530

Prime development site or investment. The sellers are offering this property to the open market and are keen to receive offers.On 2 titles with a combined area of 810sqm the property is perfectly positioned for commercial development purposes or investment and is zoned RAC-3 Regional Centre. Local Government needs to give development approval for the building and uses but Council indicates they are reasonably flexible in the types of building, uses, setbacks, heights etc. that can be approved for the site.In today's low interest environment all levels of Government and even the banks are encouraging investors to put their money to work to create or expand their businesses.The property is located opposite Geraldton's Central post office and one of the city's major car parks which has a very heavy passing traffic flow. The property is also adjacent to one Geraldton's largest shopping centres which could acquire the property in the long term for future expansion. A sizable capital gain could be achieved if this was to happen. For further information call exclusive listing consultant John Mandosio on 0417 959 004.