83/85 Marine Tce, Geraldton is a 1 bedroom, 1 bathroom House. The property has a land size of 330m2.
Marine Terrace is Geraldton's premier CBD strip and opportunities to actually own a piece of it are becoming increasingly difficult to find.Whether you're looking for a home for your business, a commercial investment or an opportunity with longer-term potential, 83 & 85 Marine Terrace deserve your attention.NOW SELLING83 Marine Terrace - Offers Above $449,00085 Marine Terrace - Offers Above $475,000Purchase one or secure both.THE PROPERTYLocation is everything in commercial real estate, and it doesn't get much more central than this.Positioned amongst some of Geraldton's most recognised cafes, restaurants, retailers and professional businesses, these properties place you right in the middle of the action.Importantly, the properties are held on two separate titles and are now being offered individually, opening the opportunity to buyers who may have previously considered the combined holding beyond their requirements.For an owner occupier, this could be the chance to stop paying rent and secure your own piece of Marine Terrace from just $449,000.For an investor, the current owner is willing to consider leasing back the premises, potentially providing income from day one while you hold a quality CBD asset for the future.Then there is the parking.Behind the two properties are six on-site car bays, something incredibly difficult to replicate in this section of the CBD and a genuine point of difference for staff, customers or future tenants.For buyers thinking longer term, there may also be potential to further develop the properties, subject to the relevant approvals. The possibility of building upwards could create an entirely different use of the site into the future.Secure 83 Marine Terrace, secure 85 Marine Terrace or take advantage of the rare opportunity to own both adjoining properties and approximately 316sqm in the heart of Geraldton's CBD.WHO TO CONTACTContact Dave to discuss your offer, leaseback options or to arrange your inspection.Disclaimer:This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
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 2,441 properties. Over the last 5 years, Houses in Geraldton have seen a 122.96% increase in median value, while Units have seen a 108.17% increase. As at 31 August 2026:
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