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JLL - Perth

45 Cathedral Avenue Geraldton, WA 6530

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45 Cathedral Avenue
Geraldton, WA 6530

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Sale - Expression of Interest

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+61 *** ***
JLL - Perth
45 Cathedral Avenue
Geraldton, WA 6530
Tom Nattrass

JLL - Perth

Level 29, 152-158 St Georges Terrace
PERTH, WA 6000

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Tightly Held Office Investment

  • NLA 3,487.7sqm*
  • Net Fully Leased Income $865,549
  • Located in Geraldton Town Centre
JLL as exclusive selling agent is pleased to offer 45 Cathedral Avenue, Geraldton to the market. This is a outstanding opportunity to purchase a 100% freehold interest in one of Geraldton’s most tightly held office assets.

Property Highlights
⦁ 3-level office building with NLA of 3,487.7sqm* 
⦁ 80% of income underpinned by government tenants 
⦁ 39 secure undercover car bays delivering a very attractive ratio (1:89sqm* of NLA)
⦁ Extensive building refurbishment completed including bathrooms, end of trip facilities, bicycle storage & air conditioning
⦁ Prime corner site of 3,528sqm* with dual street frontages
⦁ Potential to occupy upper floor ranging between 205-270 sqm*
⦁ 2.36 year* WALE (by income) 
⦁ 3-star NABERS Energy rating
⦁ Net Fully Leased Income $865,549* per annum
⦁ Situated in the Geraldton City Centre Retail and Commercial precinct with 78m* frontage to Cathedral Avenue

45 Cathedral Avenue, Geraldton is offered for sale via Expressions of Interest closing 2pm (AWST) Wednesday 4 December 2019

(*Approx)

Property ID: 503386166Last Updated: 15 Jan 2020

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JLL - Perth
JLL - Perth
Level 29, 152-158 St Georges Terrace
PERTH, WA 6000
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Tom Nattrass

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Tom Nattrass
JLL - Perth
45 Cathedral Avenue Geraldton, WA 6530

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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