What to love
Positioned in one of Geraldton's most tightly held coastal pockets, this modern apartment delivers the kind of location buyers and investors chase year after year. Just moments from the marina, foreshore, beaches and boardwalk, 11/219 Foreshore Drive combines low-maintenance living with impressive income potential in the centre of it all.
Inside, the apartment offers a fresh contemporary feel with modern finishes throughout, a sleek central kitchen complete with stone benchtops, and an open-plan layout flowing onto a generous 23sqm balcony - the perfect spot to soak up the marina atmosphere. With two bedrooms, two bathrooms and 83sqm of internal living space, there's plenty of comfort whether you're investing now or planning to occupy in the future.
Currently leased back by the Mantra Group, the property has recently returned approximately $38,000 per annum net, making it an attractive set-and-forget investment. For those looking ahead, owner occupation is also possible with notice provided to Mantra.
Property Features:
• 2-bedroom, 2-bathroom apartment
• Modern finishes throughout
• Central kitchen with stone benchtops
• Spacious open-plan living
• Split system air conditioning
• Large 23sqm balcony
• 83sqm internal living area
• Built in 2013
• Total allotment of 124sqm
• Leased by the Mantra Group
Location Highlights:
• Approx. 100m to the beach
• Approx. 500m to Geraldton CBD
• Approx. 600m to Stirling Central
• Approx. 1km to Geraldton Primary School
Whether you're chasing a high-performing investment, a future coastal base, or simply a foothold in one of Geraldton's premier waterfront locations, this apartment is well worth your attention.
What to know
From $600,000
Leased to 17/8/26 at $28,000 p.a. + applicable GST (if any) OR the Room Revenue Rent for the Lease Year, whichever is greater
Strata approx. $2,264.41 per quarter (currently paid by the lessor)
Who to talk to
For more information about the property and to book a private inspection, contact Jordan James on 0458 193 869 or Greg Brown on 0418 930 412.
