83 & 85 Marine Terrace
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About this property
Opportunities like this are few and far between. Positioned within one of Geraldton's most tightly held and recognisable commercial precincts, 83 & 85 Marine Terrace present a blue-chip opportunity to secure a foothold in the heart of the Mid West's CBD. Set across two titles totaling 316sqm, this offering includes the added benefit of six on-site parking bays, a premium feature in this high-demand location. What truly sets this opportunity apart is the flexibility. Available to be purchased individually or as a complete package, buyers can tailor the acquisition to suit their strategy, whether that's owner occupation, investment, or a combination of both. For owner occupiers, the property offers an immediate pathway into a premium location, with the added advantage that the current owner is willing to rent back if required, creating flexibility around timing and holding income. For investors, this presents a secure, central asset with strong fundamentals and future upside. Zoning may allow for further potential (STCA), including the possibility to build upwards, unlocking additional commercial space or even residential apartments, a rare value-add opportunity in such a tightly held strip. Marine Terrace is known for its exposure, foot traffic, and long-term growth, opportunities to secure assets of this calibre are exceptionally limited. This is not just a property, it's a strategic acquisition in one of Geraldton's most iconic locations. Enquire with Team Alby today to discuss how this opportunity can be structured to suit you. 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. Please note: One of the images used in this advertisement is a conceptual artist's impression only and is intended to illustrate potential future development outcomes. It does not represent any approved plans. All development is subject to council approval (STCA), and buyers are encouraged to make their own enquiries with the relevant authorities.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 6
- Land Area
- 316 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Geraldton
This 1-bedroom house in Geraldton, WA 6530 sits within reach of public transport, local shops and nearby schools. It is listed 53% above the $589,000 median of 73 comparable houseswithin 5 km.
Schools near Geraldton
- Geraldton Grammar Schoolcombined · PP-12 · CoEd
- Holland Street Schoolcombined · K-12 · CoEd
- Allendale Primary Schoolprimary · K-6 · CoEd
- Beachlands Primary Schoolprimary · K-6 · CoEd
- Geraldton Primary Schoolprimary · K-6 · CoEd
- Mount Tarcoola Primary Schoolprimary · K-6 · CoEd
What's nearby
- Transwa Geraldton (bus) — 453 m away
- Geraldton Visitor Centre — 118 m away
- Batavia Park — 112 m away
- Unnamed — 156 m away
- Edith Cowan Square — 275 m away
Geraldton at a glance
Full suburb profile- Population
- 3,246
- Median age
- 47
- Household income
- $1,142/wk
- Median rent
- $220/wk
- Median mortgage
- $1,400/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Geraldton price trend
Median sold · House 3 bed
Compound growth +14.7% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Geraldton marketSide-by-side analysis
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