37/219 Foreshore Drive, Geraldton WA 6530

$419,000

2 beds

2 baths

Exceptional Net Yield with a 5 year lease

Make no mistake. This is the premium place to stay in Geraldton and the Mantra group have recently committed to another 5 year lease back with a 5 year option. It is right in the heart of the Marina and next to the town beach, foreshore and Marina areas and this unique location should ensure it remains at the very top of people's choice of where to stay in Geraldton.
The self-contained Apartment has an internal living area of 80 m2 plus a balcony of 20 m2, ducted reverse cycle air, good size Kitchen, laundry, use of the Pool and BBQ area and they are maintained in excellent condition.
The returns are real and if you want a strong long term investment with minimal involvement, these are well worth considering.
If you do have a preference for a live in Apartment, we do have some options available to discuss with you.