73 Forrest Street, Geraldton, WA 6530 sold on 23 June 2025 | OnTheHouse
SOLD
Sold on 23 Jun 2025 for $725,000

73 Forrest Street
Geraldton WA 6530

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 295m2
Land area: 508m2
Sold By
agent headshot
Matthew Poynton
Activewest Real Estate
agent headshot
Sam Scally
Activewest Real Estate
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Property Details for 73 Forrest St, Geraldton

Building Type
Commercial
Year Built
1998
Floor Size
295m2
Land Size
508m2
Local Government
Greater Geraldton
Lot/Plan
9/P003072

Last Listing description (August 2025)

Positioned on the busy Forrest Street, the property is surrounded by a mix of buildings that cater to small businesses and professional services. It enjoys a well-connected location, situated within 500 metres of prominent national and international brands such as McDonald's, Harvey Norman, Bendigo Bank and Winc, among others.The building offers approximately 330m2 of office space, featuring a practical layout with a reception area, partitioned offices, storage/server rooms, kitchenette, air conditioning, and toilet facilities. High ceilings throughout the simple rectangular structure provide flexible and functional space, adaptable to a variety of business needs. Rear parking is available for tenants and visitors.The property is currently leased to a long-term tenant, generating an annual rent of $43,636 + GST, plus outgoings. The tenant has recently exercised a lease extension, securing their occupancy until 30 June 2028.Zoning: Mixed UseCouncil Rates 2023/24: $7,423.53pa approx.WaterCorp Rates 2023/24: $2,210.28pa approx.An Information Memorandum and property viewings are available by request through Exclusive Agent Activewest Real Estate to qualified buyers to assist with independent due diligence. Contact Sam Scally on 0498 444 390 or Matt Poynton on 0437 770 301.Disclaimer:The information contained in this report is published by Activewest Real Estate as agents for the Seller, solely for potential purchasers to assist them in deciding whether they wish to make further enquiries with respect to the property. None of the information contained in this report constitutes any representation or offer by the Seller or the Seller's Agent. Prospective purchasers and their advisers should make their own enquiries to satisfy themselves as to the accuracy of the information provided.

Property History for 73 Forrest St, Geraldton, WA 6530

A timeline of how this property has performed in the market
Last Sold
$725,000
23 Jun 2025
  • 23 Jun 2025
    Sold for $725,000
  • 01 May 2025
    Listed for Sale Price on Application
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About Geraldton 6530

The size of Geraldton is approximately 4.5 square kilometres. It has 6 parks covering nearly 2.4% of total area. The population of Geraldton in 2016 was 3148 people. By 2021 the population was 3246 showing a population growth of 3.1% in the area during that time. The predominant age group in Geraldton is 50-59 years. Households in Geraldton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Geraldton work in a professional occupation.In 2021, 52.20% of the homes in Geraldton were owner-occupied compared with 48.90% in 2016.

Geraldton has 2,425 properties. Over the last 5 years, Houses in Geraldton have seen a 126.53% increase in median value, while Units have seen a 90.63% increase. As at 28 February 2026:

  • The median value for Houses in Geraldton is $512,754 while the median value for Units is $379,572.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Geraldton on OnTheHouse. According to Cotality's data, 187 properties were sold in the past 12 months in Geraldton.

Suburb Insights for Geraldton 6530

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.