311 + 315 Marine Terrace is located on the edge of Geraldton's town centre. This is a solid building with huge potential, plus loads of land space to create parking with enough land left over to develop - whatever way suits your needs the opportunities here are ripe!
There are 10 separate rooms, an ablutions block, kitchen facility and a large room at the front of the building. This could be used for a variety of purposes including backpackers, holiday accommodation, mine worker housing or any sort of accommodation purposes which Geraldton has a huge demand for OR you could transform it into a large high class 10 room office building with large reception area. The existing building requires some work but with some effort this could be transformed or the option to start over on a fresh block could be an option as well.
Positioned in the heart of the CBD opposite the Geraldton Port Authority with views of the harbour and surrounded by the big iconic Geraldton Pines this property is sure to grab anyone's attention. Consisting of 2 titles, zoned Mixed Use R80.
Lot 1: 771m2Lot 2: 1568m2Total land: 2339m2 total
Level building block
Zoned: Mixed Use R80Rates combined: $3,150Water combined: $3,14
Contact the Exclusive Agent Jim Quinn on 0412 991 442 to discuss this property further.