SoldOct 4, 2024

18/1 Museum Place, Geraldton, WA, 6530

$455,000

3
2
1

Unit

30+ days on the market

Sold: Oct 4, 2024

What's around 18/1 Museum Place

Gilt Edge Investment WITH NET RETURN OVER 7%

What is your criteria for an investment property? Everyone has different needs, and if you're looking for a "set and forget" investment, 18/1 Museum Place could be perfect for you. • Impressive 2-storey, 3 bedroom, 2 bathroom apartment on the Foreshore • Part of the Mantra Group • Leased by the Mantra since it was built and the current lease runs until 17 August 2027 • Net rent of over $32,000 per year regardless of occupancy • All expenses paid by Mantra including water, sewerage, strata, and council rates and management fees. Located in a desirable development close to the city and waterfront, this property offers great value with a price guide starting from $460,000. The unit features high-quality appliances, stylish furniture, and a beautiful interior design throughout. Guests can enjoy both indoor and outdoor living areas, a resort-style pool, and the proximity to shopping, cafes, and restaurants. With its prime location, excellent rental history, and minimal input required from you, this property presents a fantastic investment opportunity. If this sounds like the right investment for you, please contact Janette Brennan at 0417 091 665.

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