Second Chance here!
This well-located parcel is being offered up for sale to an astute buyer who can recognise the potential upside here:
- 4.42 hectare of level land
- House One: at the rear of the block is a brick and tile, 2 bedrooms, 2 bathrooms with a large games room, and excellent ocean views. There is also an open shed and below-ground pool that is not in working order.
- House Two: is a brick/brick veneer and iron at the front of the property and is a 4 x 2 large home in a poor state of repair
- House Three: is a brick/brick veneer and iron home that is in reasonable condition
There are also extensive sheds and outbuildings offering considerable amenity when tidied up. The zoning is semi-rural and is just 9.2 km from the Geraldton Post Office and 4 km from the beach at Sunset Beach.
This is a fantastic opportunity to secure a well-located site, live in the rear home, and, as time and budget allow renovate/develop the front dwellings to create an additional income stream.
The property may also have the potential to subdivide into two lots (post receipt of all necessary approvals).
Conditions of purchase are as follows;
# Deposit of $10,000 required within 5 days of acceptance. This is non-refundable so you need to be sure of your ability to borrow in required.
# Balance of deposit ($20,000) required within 5 days of finance approval
# Settlement is 45 days from finance approval
# Besides the power being reinstated to the rear home and the required safety certificates being issued for the balance of the property, it will be sold as it is
If you are able to meet these conditions and wish to place an offer, please email for full details or to arrange a viewing.
