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.
The size of Geraldton is approximately 4.5 square kilometres. There are 6 parks, covering nearly 2.4% of the 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 2,439 properties. Over the last 5 years, Houses in Geraldton have seen a 123.47% increase in median value, while Units have seen a 104.41% increase. As at 31 May 2026:
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