4 Marri Court, Rangeway WA 6530

Property Details: • Type: Vacant Land

• Bedrooms: 0 • Bathrooms: 0

Description: Phone Enquiry ID: 233294 An exceptional investment or development opportunity in Geraldton's thriving rental market. Two adjoining R30-zoned duplex-sized blocks are available to purchase together or separately, offering strong potential for a rooming or co-living project. (Priced per site) Property Features - 2 Marri Court: 825m², 17m frontage, R30 zoning - 4 Marri Court: 863m², 18m frontage, R30 zoning - FLAT GROUND - Deep sewer available - No building time limits - Council rates: $1,094 p.a. (each) - Water rates: $278.84 p.a. (each) Proposed Development - Forecasted income: $234,000pa - Rental rate: $250pw - 18 bedrooms total - 6 modern kitchens & 10 bathrooms - 18 private courtyards providing individual outdoor space Both blocks are flat, fully serviced, and ideally positioned within a quiet cul-de-sac just 2.8km from the Geraldton CBD. A short stroll (300m) takes you to Rangeway Shopping Centre, Verita Medical, chemist, park, and fuel station, with public transport available nearby.