7/17 Francis Street, Geraldton, WA 6530

$338,000

House
Type
2
Bedrooms
1
Bathrooms

Last updated on Monday, July 06, 2026 ( See property details for 7/17 Francis Street, Geraldton, WA 6530)

$338,000

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

A well-located, low-maintenance 2-bedroom unit in Geraldton offering strong rental potential and easy access to the beach and CBD.

🏡 Property Highlights

  • Prime location less than 500 meters from the city beach and within walking distance to the CBD
  • High rental demand with all units in the complex consistently rented or quickly leased
  • Current tenant paying $350 per week, with high potential for future rental income
  • Low strata fees of less than $500 per quarter including reserve levy
  • Affordable council and water rates, making it a cost-effective investment
  • Ideal for investors seeking a low-maintenance, high-demand property

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly
  • Outdoor Area / Balcony
  • Internal Laundry

Geraldton is a vibrant coastal city known for its stunning beaches, strong community spirit, and growing real estate market. Residents enjoy easy access to outdoor activities, local amenities, and a relaxed lifestyle. The area offers excellent investment opportunities with high rental demand and low vacancy rates. Its proximity to the CBD makes it ideal for professionals and holidaymakers alike. With ongoing development and a friendly neighbourhood atmosphere, Geraldton continues to attract both residents and investors seeking value and lifestyle benefits.

What is the current rental income and vacancy rate for this property?
The property is currently tenanted at $350 per week, with a vacancy rate of less than 1% across Geraldton, indicating high rental demand.
What are the strata fees and what do they include?
Strata fees are less than $500 per quarter, including the reserve levy, which covers maintenance and communal expenses.
How close is the property to local amenities and the beach?
The property is located less than 500 meters from the city beach and within walking distance to the CBD, providing convenient access to shops, cafes, and recreational facilities.
Are there any ongoing or upcoming developments in the area?
Prospective buyers should inquire with local council or the agent for information on any planned developments or zoning changes that may affect the area.
What are the annual council and water rates?
Council rates are approximately $1,900 per annum, and water rates are around $1,295 per annum.
Are there any hidden costs or upcoming special levies not included in the strata fees? Has the property been inspected for structural issues or pests? Are there any restrictions or easements affecting the property? Is the property compliant with all local building and safety regulations? Are there any planned infrastructure projects or developments nearby that could impact the property’s value or living conditions? What is the history of the property regarding repairs or renovations? Are there any noise or nuisance issues from neighboring properties? Is the property located in a flood or bushfire-prone area? Are there any strata or community management issues to be aware of? What are the zoning restrictions that could affect future development or use?

7/17 Francis Street, Geraldton, WA 6530 - More Details

$338,000

Located less than 500 meters from the city beach and within walking distance to the CBD this 2 bedroom unit is an ideal investment for the smart buyer. All 15 of the units in this complex are continuously rented or if vacant are snapped up pretty quickly. At a current rental availability of less than 1% across the whole of the city, rentals are at a premium. This unit it currently tenanted until early June at $350 per week with a high probability the rent review will result in a rent increase.
Strata fees are less than $500.00 per quarter and that includes the reserve levy. Make the call to find out more. Contact exclusive agent Mike Paterson on 0408 953 962 today.

Council rates - $1,900 approx per annum
Water rates - $1,295.00 approx per annum
Strata levies - $423.58 per quarter

Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy cannot be guaranteed. To the best of our knowledge the information listed is true and accurate but may be subject to change without warning at any time, which is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Owner or the Agent and are expressly excluded from any contract.
Type
House
Bedrooms
2
Bathrooms
1

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