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59 Cathedral Avenue, Geraldton, WA, 6530
Tenanted Investment

Property Highlights

  • Leased to the 9th June 2028
  • Site Area 1,238sqm
  • Monopoly trade for city centre catchment

CBRE and Active West Real Estate are pleased to present to the market this prime service station. Strategically located on the corner of Cathedral Avenue and Sanford Street backing onto the main carpark of a large Woolworths Shopping Centre directly opposite the City of Greater Geraldton’s offices. The closest competition is situated 2 kilometres south and 3 kilometres north east.

Purpose built in 2003 and comprising a retail shop and large front canopy and concrete forecourt and crossovers.

Property Features:

Four filling bays with two bowsers per bay each comprising six hoses

Five underground storage tanks

Purpose built tilt panel construction

Current Gross Rent of $182,732.40 ex GST

Considered under rented with scope for rental uplift at the end of the Lease

For Sale via Expression of Interest closing Thursday 7th December at 4pm AWST

To arrange an inspection, obtain a copy of the information memorandum or for further details please contact the below selling agents

Remember to mention you found this property on CommercialReady

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STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
59 Cathedral Avenue, Geraldton, WA, 6530
STEP 03 Contact a finance professional

Map: 59 Cathedral Avenue, Geraldton, WA, 6530

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Due Diligence Report

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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