Rare Highway Frontage Opportunity

Consisting of over 30 villa's this unique investment is available for the first time in 20 years!

The Land
* Sitting on 5,665sqm with a 60.5m frontage, this is a rare find in Tarcoola Beach
* Zoned Tourism R80
* Ample parking
* Only 200m to one of Geraldton Premier beaches
* Less than 3 kms from the CBD

The Buildings
* 31 villas in total
* 52 bedrooms & 31 bathrooms in total
* 3 different villa types - one bedroom, 2 bedroom loft & 2 bedroom single level
* Reception
* Communal laundry
* Below ground pool

Investment
* Long term tenant in place
* $150,000p/a plus rates and taxes
* Lease until August 2024
* Council rates $23,350p/a (approx.)
* Water rates $22,000p/a (approx.)

The Potential
* Renovate the existing buildings and lease out
* Strata each villa and sell separately
* Redevelop the site completely

Watch the video provided and then contact exclusive listing agents Lara, Warrick or Dave from Team Sadowski/Nevill on 0455 195 799 to inspect this blue chip investment.
"Demonstrating the difference in real estate one property at a time'


All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should do their own due diligence.