121 Durlacher Street, Geraldton WA 6530
Apartment:
4 4 4 971.5m2
Sold for $370,000
Great investment - Gross Rental Return 8.69%
Xavier Views sits on a 971.50m2 consisting of four, 1 bedroom x 1 bathroom apartments. Two of these are fully furnished.
In walking distance of the town centre these are sort after units currently fully rented at $34,320 per annum representing a 8.69% gross return on the asking pricing.
The apartment’s each accommodate a spacious kitchen/dining area, king sized master bedroom with modern finishes to the ensuite. To the rear of the complex there is a self-contained laundry and ample parking for visitors and tenants.
Zoned R80 future re-development possibilities exist subject to council approval.
Property ID: 1135162