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110 Marine Terrace Geraldton, WA 6530

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110 Marine Terrace,
Geraldton, WA 6530

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CENTRAL CBD INVESTMENT – STRONG TENANT

Located in the heart of what is Western Australia’s largest City North of Perth providing services to the diverse Mid-West Regional requirements such as mining, tourism, agriculture, and aquaculture just to name a few. Building structure consistent with the Geraldton City Mall. Front 2/3 has been very well-maintained given tenant requirements for public/client presentation as a Bank. ‘Back of House’ is in good condition with a vacant land position to the rear which allows for onsite parking or future redevelopment potential (value add) NOTE: rear as described above faces to the ocean front, with dual access to the property available.
Current lease in place to Bank of Queensland who have been a tenant in the building for several years and have again renewed their lease position by 5 years with options. (4 years to run this term)
BOQ - National Tenant – approx. 160 Outlets across Australia
Fixed 3% annual increases
PHIL SORGIOVANNI 0419 568 2... (phil@activewestre.com.au)
MATT POYNTON 0437 770 3... (matt@activewestre.com.au)

Property ID: 503972670Last Updated: 22 Feb 2022

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110 Marine Terrace
Geraldton, WA 6530

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