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45 Cathedral Avenue

45 Cathedral Avenue, Geraldton, WA 6530

Expressions of Interest Office
Contact Selling Agent
Property No. 305595

Building Information

Tightly Held Office Investment !

JLL as exclusive selling agent is pleased to offer 45 Cathedral Avenue, Geraldton to the market. This is a outstanding opportunity to purchase a 100% freehold interest in one of Geraldton’s most tightly held office assets.

Property Highlights
⦁ 3-level office building with NLA of 3,487.7sqm* 
⦁ 80% of income underpinned by government tenants 
⦁ 39 secure undercover car bays delivering a very attractive ratio (1:89sqm* of NLA)
⦁ Extensive building refurbishment completed including bathrooms, end of trip facilities, bicycle storage & air conditioning
⦁ Prime corner site of 3,528sqm* with dual street frontages
⦁ Potential to occupy upper floor ranging between 205-270 sqm*
⦁ 2.36 year* WALE (by income) 
⦁ 3-star NABERS Energy rating
⦁ Net Fully Leased Income $865,549* per annum
⦁ Situated in the Geraldton City Centre Retail and Commercial precinct with 78m* frontage to Cathedral Avenue

45 Cathedral Avenue, Geraldton is offered for sale via Expressions of Interest closing 2pm (AWST) Wednesday 4 December 2019.

(*Approx)

Located in Geraldton Town Centre is a tightly held office investment with a NLA of 3,487.7sqm* and has a Net Fully Leased Income of $865,549.

Last updated

02 Nov 2020

Building

Whole


Floor area

3,488 sqm to 3,488 sqm

Land area

3,528 sqm


Tenure Type

Tenanted

CarSpaces

39


Within walking distance

Within walking distance

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