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Back 4 Marri Court
Off Market

4 Marri Court

Rangeway WA 6530

863 m²
Land

Overview

High Yield Dual Lot Opportunity

Phone Enquiry ID: 233294 An exceptional investment or development opportunity in Geraldton's thriving rental market. Two adjoining R30-zoned duplex-sized blocks are available to purchase together or separately, offering strong potential for a rooming or co-living project. (Priced per site) Property Features - 2 Marri Court: 825m², 17m frontage, R30 zoning - 4 Marri Court: 863m², 18m frontage, R30 zoning - FLAT GROUND - Deep sewer available - No building time limits - Council rates: $1,094 p.a. (each) - Water rates: $278.84 p.a. (each) Proposed Development - Forecasted income: $234,000pa - Rental rate: $250pw - 18 bedrooms total - 6 modern kitchens & 10 bathrooms - 18 private courtyards providing individual outdoor space Both blocks are flat, fully serviced, and ideally positioned within a quiet cul-de-sac just 2.8km from the Geraldton CBD. A short stroll (300m) takes you to Rangeway Shopping Centre, Verita Medical, chemist, park, and fuel station, with public transport available nearby.

Features

863 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Rangeway over the last 12 months, the estimated median property value of 4 Marri Court is $120k.

Median value
$120k
Estimated value range
$105k - $150k
Median days on market
33
Estimated value trend
33%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rangeway. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4 Marri Court

2026
Sold
Undisclosed
18 Jul 2026
2021
Sold
$37,500
Private Sale/Treaty on 01 Sep 2021 by Leiza Barndon, of Ray White Geraldton

Happy sellers in Rangeway

~%

We have insufficient information to provide an overview of customer satisfaction for Rangeway. Viewing the agent profiles, reviews and sales for Rangeway can provide insights for this location.

Local market activity for land plots in Rangeway

In the last 12 months, 3 land plots similar to 4 Marri Court, have been sold.

This represents a 300% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rangeway

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Alby Svenson

Alby Svenson is a recommended agent for Rangeway.  They have 10 local sales across the last 12 months.

  •   4.8   (65 reviews)
  •  10 Sales in Rangeway
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Lara Sadowski

Sellers who recommend Lara Sadowski have praised them for being clear communication, local expert, responsive, friendly, stress-free process, supportive and well-prepared

  •   4.9   (122 reviews)
  •  8 Sales in Rangeway
View profile
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Will McKenzie

Will McKenzie is a recommended agent for Rangeway.  They have 6 local sales across the last 12 months.

  •   1   (1 review)
  •  6 Sales in Rangeway
View profile
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Mike Paterson

Mike Paterson is a recommended agent for Rangeway.  They have 4 local sales across the last 12 months.

  •   4.8   (39 reviews)
  •  4 Sales in Rangeway
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