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194 & 204 Marine Terrace Geraldton, WA 6530

194 & 204 Marine Terrace,
Geraldton, WA 6530

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PROMINENT FORESHORE HOLDING – CBD!

FOR SALE - MULTI PROPERTY DEVELOPMENT SITE
GERALDTON FORESHORE, WESTERN AUSTRALIA

Activewest Real Estate are pleased to present this exclusive multi-property site, which would be a significant addition to any property portfolio, for sale with Offers to Purchase Invited by the Seller.
• 194 Marine Tce, Geraldton: 948 square meters*
• 204 Marine Tce, Geraldton: 720 square meters*
Located as part of Geraldton's CBD Foreshore precinct and with a 3-street frontage, these two properties combined offer 1,668sqm* of opportunity.
The two properties hold a number of income producing tenancies across both sites (residential & commercial) and are to be sold 'in one line'

City of Greater Geraldton zoning and planning guidelines could provide for significant redevelopment of this most prominent site.
The port City of Geraldton has all major services, cultural, shopping and sporting facilities you would expect of a city. Significant announcements in infrastructure spending including $350mil funding approval for Port Development. The development of a hydrogen hub just north of Geraldton is also being fast tracked by the West Australian Government after receiving significant interest from major global producers.

The potential for this site is one that should not be overlooked by the astute investor..

For further details or to obtain an Information Memorandum please contact Exclusive Agents:
Phil Sorgiovanni 0419 568 2... phil@activewestre.com.au or
Matt Poynton 0437 770 301 matt@activewestre.com.au

(*approx.)

Geraldton, 6530 demographic data

The median household income for Geraldton is $1,142, 28% lower than Regional Western Australia's household income of $1,597. Geraldton has an older age profile compared to the rest of Regional Western Australia (median age 47 vs 40). Property ownership data shows 39% of property owners in Geraldton have a mortgage.

3,246
Population
$1,142 per week
Median household income
47 years
Median age
Owners
Most residents
Families
Most households
04195682...
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194 & 204 Marine Terrace
Geraldton, WA 6530

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