6 William Street, Geraldton WA 6530

detached 1940s house on 768m² lot | near Geraldton CBD | tenanted periodic lease | suited to investors or renovators This property offers a rare combination of a large 768m² residential lot and a central location near the Geraldton CBD, which is competitively strong for its suburb. The 1940s detached house, with three bedrooms and one bathroom, is positioned as a value-add opportunity rather than a premium product, making it best suited for investors seeking rental income from an existing tenancy or renovators looking to improve and potentially increase value. The functional layout and fully fenced backyard add practical appeal for owner-occupiers who prioritise location over modern finishes. The older construction and “as is” condition may affect value by requiring refurbishment costs, which prospective buyers should weigh against the landholding’s potential. Rental demand is suggested by a periodic lease, though yield estimates vary, so income expectations might need careful verification. The lack of detected overlays reduces regulatory risk, but the property’s age means structural or maintenance issues could influence price negotiations.