460 Chapman Road, Bluff Point, WA 6530

460 Chapman Road, Bluff Point, WA 6530
6 Unit complex in sought after Geraldton.

Geraldton has been in the spotlight for the last few years and there is a continual shortage of housing as the area grows. Finding a Unit complex to buy is not easy, especially in a sought after area such as this in Bluff Point. The details are as follows;

• 6 Units in total, all owned individually and will only be sold as one complex.

• 4 are 3 bedroom, 2 bathroom, double garage.

• 2 are 2 bedroom, 1 bathroom, double garage.

• Built in 2005.

• 1994 m2.

• Brick and Colorbond.

• Current gross income is approximately $125,000

• Land rates approx $2,445 for 2 bedroom units & $2650 for 3 bedroom units per unit per annum

• Water rates approx $1,600 per unit per annum

• Currently under strata management however, as this will be sold to one person, there will no longer be a need for this.

These are all fully leased however, they do require some ongoing maintenance and changes to be made to the way the water is dispered to insure the ongoing integrity of the buildings.

A full report is available to qualified buyers and Expressions on Interest are invited. (price guide is somewhere between 1.2 and 1.6 million.

To view, call Henry on 0429 995 121

Like an appraisal on your property then please call Team Van Tiel on 0429 995 121 and let our family help yours.

You can also see our beautiful homes and follow us at:

• Facebook - Team Van Tiel - Ray White Geraldton

*Please be advised that this information has been supplied to the best of the agent's knowledge; however, it is always advisable for you to complete your own research and due diligence in these matters.