ositioned just moments from the Geraldton CBD, 5 Caprice Road presents an outstanding opportunity to secure a property offering both immediate functionality and exciting future potential.
Set on a generous approximately 783m² R40-zoned block with an approximate 19.5m frontage, this three-bedroom, one-bathroom home offers an attractive proposition for investors, renovators or buyers looking to explore future development potential in a convenient central location.
Whatever you're looking for, this property is bursting with opportunity.
The existing home is fully functional and provides an opportunity to add to your investment portfolio, while the generous landholding and R40 zoning offer exciting possibilities for future development, subject to relevant planning and development approvals.
Potential development concepts could include a three-unit development across the block, or retaining the existing home while exploring the development of the rear portion of the property. The possibilities are certainly worth investigating, with the property's zoning, land size and frontage providing an exciting starting point for those looking to unlock its future potential.
Inside, the home features high ceilings throughout, spacious bedrooms and a generous kitchen and dining area. There is plenty of scope to renovate, update and make the property your own, creating a comfortable home to enjoy for many years to come.
Whether you are looking for an established investment, a renovation project or a property with future development potential, this is an opportunity worth serious consideration.
Property highlights include:
- Three bedrooms and one bathroom
- Secure shed/workshop
- Approximately 783m² block
- R40 zoning
- Approximately 19.5m frontage
- Moments from the Geraldton CBD
- Currently tenanted until 15 January 2027
- High ceilings throughout
- Spacious bedrooms
- Generous kitchen and dining area
- Functional home with scope to renovate and add value
- Potential for future development, subject to relevant approvals
- Drive-through access to the backyard
Opportunities combining location, land size and R40 zoning are well worth exploring. Make it your home today or turn its potential into tomorrow's opportunity.
Property Code: 35
