Skip to Main Content

79 Marine Terrace, Geraldton, WA 6530

79 Marine Terrace, Geraldton, WA 6530

Hotel/Leisure

  • Sold Contact Agent
  • Mon 20-Sep-21

  • Land Area
  • 1158.00 m² (approx)
  • Floor Area
  • 1,565 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Oct 25, 2021
  • Zoning
  • Regional Centre

Additional Details


Interested in this property? Contact an Agent today

Ray White - Geraldton

1/209 Foreshore Drive

Geraldton WA 6530

Peter Sukiennik

Significant Location in Geraldton CBD

The building iconically known as the Freemasons Hotel, is on the market!

PROPERTY
* Land: 1,158 m2 approx
* Building: 1,565m2

LEGAL DESCRIPTION
Lot 8 on Strata Plan 25078 Certificate of Title Volume 1992 Folio 95

ZONING
Regional Centre

USE
Hotel

HISTORICAL:
Category 2
Considerable Significance: Very important to the heritage of the locality. For more information, contact the City of Greater Geraldton.

NUMBER OF TENANCIES
1

OCCUPANCY
Leased

TENANCIES
Tenancy 1 - Strong Tenant

PROPERTY EXTENT
Whole of Lot 8

TENURE TYPE
Tenanted Investment

STATUTORY & VARIABLE OUTGOINGS
Tenant pays all usual outgoings

KEY PROPERTY INFORMATION
Lease commenced 2019 and expires in October 2024, with a 5 year further term.
Annual CPI rent reviews.
Market review in 2024.

ADDITIONAL FEATURES
This large two storey L shaped building is situated on a prominent corner location. The colorbond custom orb roof is hipped and steeply pitched over looking the city scape.
Two storey verandahs

79 Marine Terrace, Geraldton, WA 6530

Be the first to see new properties

Sign up for a MyCommercial account to get property alerts.

Get Email Alerts