33/219 Foreshore Drive, Geraldton WA 6530

2-bedroom apartment with secure lift and water views | built 2013 in Geraldton’s foreshore precinct | furnished turn-key condition with lease in place | high holding costs from strata fees This property’s competitive strength lies in its modern build year, secure lift access, and furnished condition, which together make it a rare offering in Geraldton’s apartment stock. Its foreshore position with commanding views from multiple rooms serves owner-occupiers seeking low-maintenance coastal living, downsizers wanting walkability to cafes and restaurants, or investors targeting corporate and professional renters. The lease until September 2026 and estimated rental yield near 6.8% before costs demonstrate existing demand, while the secure entry and pool-BBQ amenity reinforce its appeal as a premium apartment product in the local market. The substantial strata fees of over $4,000 per quarter may materially affect net returns for an investor or monthly costs for an owner-occupier, so these should be weighed against the rental income or lifestyle benefits. The property’s value might also be influenced by its position within the Geraldton Primary School intake area, though no high school catchment or school quality data is available. The absence of nearby completed comparable sales in available data means price should be assessed relative to similar modern apartments with foreshore views and turn-key furnishings, rather than broader suburban stock.