79 Marine Terrace,
Geraldton, WA 6530
Hotel, Motel & Leisure
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Zoning
Tenure type
Sold on
Map of 79 Marine Terrace
Significant Location in Geraldton CBD
The building iconically known as the Freemasons Hotel, is on the market!
PROPERTY
* Land: 1,158 m2 approx
* Building: 1,565m2
LEGAL DESCRIPTION
Lot 8 on Strata Plan 25078 Certificate of Title Volume 1992 Folio 95
ZONING
Regional Centre
USE
Hotel
HISTORICAL:
Category 2
Considerable Significance: Very important to the heritage of the locality. For more information, contact the City of Greater Geraldton.
NUMBER OF TENANCIES
1
OCCUPANCY
Leased
TENANCIES
Tenancy 1 - Strong Tenant
PROPERTY EXTENT
Whole of Lot 8
TENURE TYPE
Tenanted Investment
STATUTORY & VARIABLE OUTGOINGS
Tenant pays all usual outgoings
KEY PROPERTY INFORMATION
Lease commenced 2019 and expires in October 2024, with a 5 year further term.
Annual CPI rent reviews.
Market review in 2024.
ADDITIONAL FEATURES
This large two storey L shaped building is situated on a prominent corner location. The colorbond custom orb roof is hipped and steeply pitched over looking the city scape.
Two storey verandahs which cover the footpath, the ground floor features large arched windows with decorative moulds. The corner roof tower was reinstate in the early
2000's.
GERALDTON
Major economic, mining, tourism, agriculture hub including Australia's largest grain export terminal.
GERALDTONS FORECAST BY 2036
City of Greater Geraldton population is expected to grow 46% to 56,000.
This property is to be SOLD by private treaty.
Viewings are available on request, to obtain more information, please contact listing agent Peter Sukiennik on 0418 939 0....
PROPERTY
* Land: 1,158 m2 approx
* Building: 1,565m2
LEGAL DESCRIPTION
Lot 8 on Strata Plan 25078 Certificate of Title Volume 1992 Folio 95
ZONING
Regional Centre
USE
Hotel
HISTORICAL:
Category 2
Considerable Significance: Very important to the heritage of the locality. For more information, contact the City of Greater Geraldton.
NUMBER OF TENANCIES
1
OCCUPANCY
Leased
TENANCIES
Tenancy 1 - Strong Tenant
PROPERTY EXTENT
Whole of Lot 8
TENURE TYPE
Tenanted Investment
STATUTORY & VARIABLE OUTGOINGS
Tenant pays all usual outgoings
KEY PROPERTY INFORMATION
Lease commenced 2019 and expires in October 2024, with a 5 year further term.
Annual CPI rent reviews.
Market review in 2024.
ADDITIONAL FEATURES
This large two storey L shaped building is situated on a prominent corner location. The colorbond custom orb roof is hipped and steeply pitched over looking the city scape.
Two storey verandahs which cover the footpath, the ground floor features large arched windows with decorative moulds. The corner roof tower was reinstate in the early
2000's.
GERALDTON
Major economic, mining, tourism, agriculture hub including Australia's largest grain export terminal.
GERALDTONS FORECAST BY 2036
City of Greater Geraldton population is expected to grow 46% to 56,000.
This property is to be SOLD by private treaty.
Viewings are available on request, to obtain more information, please contact listing agent Peter Sukiennik on 0418 939 0....
Explore property virtually
Video
Additional information
External websites
Property ID: 503908426Last Updated: 25 Oct 2021
0418 939 0...
79 Marine Terrace
Geraldton, WA 6530
Ray White - Geraldton1/209 Foreshore Drive
GERALDTON, WA 6530
GERALDTON, WA 6530
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