Located in the West End of Marine Terrace with a land area of 1271 square metres this property is unique in its position to have frontage to both Marine Terrace and Foreshore Drive.
Zoned R50 - City Centre this 1,271sqm block is ideally suited for a quality multi storey redevelopment of both Commercial and Residential mix.
Originally the building was constructed for the National Australia Bank with the branch office fronting Marine Terrace and the Managers residence facing Foreshore Drive. Following the bank relocating to new premises, 100 metres along Marine Terrace, the property was purchased by the Lotteries Commission on behalf of Geraldton Lotteries House as a base for community projects in the area.
With the establishment of the new Lotteries House in Sanford Street the property is now surplus to the Lotteries Commission needs and is now for sale.
Since the relocation of the railway line, allowing for the development and revitalisation of the foreshore, this property boasts a spectacular outlook over the harbour, new marina and to the northern coastline.
The City of Greater Geraldton is keen to see a rejuvenation of the west end of Marine Terrace and have indicated their support in bringing the vacant properties in this area back to life.
With outstanding views and CBD location properties of this size and position seldom become available.