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CBD Location + Lease Locked In For Sale

3/17 Francis St, Geraldton, WA, 6530

CBD Location + Lease Locked In

House
Type
2
Bedrooms
1
Bathrooms

Last updated on Monday, March 30, 2026 ( See property details for 3/17 Francis St, Geraldton, WA, 6530)

Offers from $399,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, low-maintenance unit in Geraldton offering secure income, modern comforts, and prime location near amenities and the beach.

🏑 Property Highlights

  • Prime central location just minutes from Geraldton CBD and foreshore
  • Secure lease in place at $340 per week until December 2026
  • Practical open plan kitchen and living area with air conditioning
  • Private rear courtyard ideal for outdoor living
  • Low-maintenance 95 sqm unit in an established complex
  • Close to amenities including schools, shopping, and beaches

✨ Key Features

  • 2 bedrooms
  • 1 bathroom
  • Open-Plan Living
  • Air Conditioning
  • Outdoor Area
  • Built-in Robes
  • Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Internal Laundry
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3/17 Francis St
Geraldton, WA 6530
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Vertical aerial view β€” 3/17 Francis St
3/17 Francis St — Vertical Aerial  •  Geraldton, WA 6530  •  Nearmap © 2026

Geraldton is a vibrant coastal city known for its stunning beaches, strong community spirit, and excellent amenities. The suburb offers convenient access to the CBD, schools, and recreational facilities, making it ideal for both residents and investors. Its established infrastructure and consistent demand ensure a stable property market. With nearby parks, shopping centres, and the foreshore, Geraldton provides a relaxed yet connected lifestyle.

What is the condition of the property and are there any recent renovations?
The property was built in 1970 and is well-maintained, with features like air conditioning and a private courtyard, though there are no recent renovations noted.
What are the ongoing costs associated with the property?
The annual council rates are approximately $1,900, water rates are around $1,694.58, and strata fees are about $423.58 per quarter.
Is the lease transferable if I decide to sell the property?
Yes, the existing lease is secured until December 2026, providing a stable income stream for investors, and can be transferred with the property.
Are there any restrictions or covenants on the property?
The property is part of a strata complex, so standard strata regulations apply; specific restrictions should be confirmed with the strata management.
What is the rental yield and potential return on investment?
With a secure lease at $340 per week, the gross annual income is approximately $17,680, offering a reliable income stream for investors.
Are there any upcoming strata fee increases or special levies planned for the complex? Has the property been inspected for any structural issues or pests? Are there any planning or development applications nearby that could affect the property? Is the property compliant with current building and safety standards? Are there any easements, zoning restrictions, or covenants that could impact future use or renovations? What are the long-term plans for the surrounding area that might influence property value? Are there any known issues with water drainage or flooding in the area? Is the property located in a bushfire or flood-prone zone? Are there any restrictions on pet ownership within the complex? What are the terms and conditions of the current lease, and are there any rent increase provisions?

3/17 Francis St, Geraldton, WA, 6530 - More Details

CBD Location + Lease Locked In

Set just minutes from the Geraldton CBD, foreshore, hospital and everyday amenities, this well-positioned unit offers the kind of location tenants consistently seek - and that investors rely on for long-term performance. With a secure lease in place at $340 per week until 11 December 2026, the income is already working for you from day one. Inside, the home offers a practical layout with open kitchen and living, air conditioning for comfort, and a private courtyard - all within an established complex in a tightly held central pocket. For investors, this is a straightforward acquisition - strong location, secured lease and consistent demand. FEATURES YOU WILL LOVE: * 2 bedrooms * 1 bathroom * Lease secured at $340 per week until 11/12/2026 * Open plan kitchen and living area * Air conditioning * Private rear courtyard * Single car parking space * Built in 1970 * All on 95 sqm * Council rates $1900 p/a (approx.) * Water rates $1,694.58p/a (approx.) * Strata Fees $423.58 per quarter (approx.) LOCATION * Beach 400 m * Stirlings Central 800 m * Geraldton Primary School 300 m * Geraldton CBD 800 m WHAT NEXT If you're in the market for a quality home or a secure investment in our region, this could be the perfect fit. We'd love to share more details, arrange a private inspection, or simply have a conversation about your criteria and how we can find the right property for you in Geraldton. Feel free to call or inquire at your convenience We are here to help you make your next move with confidence by contacting Lara, Warrick, Serena or Darren from Team Sadowski/Nevill 0455 195 799 "Demonstrating the difference in real estate one property at a time" DISCLAIMER: The contained description is for advertising and marketing purposes only. Every care has been taken with the preparation of the information supplied. We can not guarantee their accuracy and accept no responsibility for the results of any actions taken, or any reliance placed upon this document. All interested persons are advised to make their own enquiries & satisfy themselves in all respects. The particulars contained in the text are not intended to form part of any contract.
Type
House
Bedrooms
2
Bathrooms
1

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