Expressions of interest remain open for Geraldton train station on Chapman Road in search for ‘right buyer’
Steady interest in Geraldton’s old railway station on Chapman Road, which was listed for sale for the first time in 24 years, has led to expressions of interest being kept open.
Phil Sorgiovanni, from Activewest Real Estate, has been tasked with selling the once-in-a-career property.
“We’ve had a lot of verbal offers come through, from community based buyers to private investors,” he said.
The heritage-listed structure has attracted interest from local buyers as well those from across the State and interstate.
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Expressions of interest were set to close on December 7 but have been kept open to ensure a good offer and “the right buyer” is found.
When asked on the price the owner is hoping to sell the property for, Mr Sorgiovanni said it was dependent on the potential buyer’s hopeful return on investment.
Owner Colin Dymond discovered a time capsule from 1979 when digging up the floors to put in new lights and paving.
The plaque alongside the capsule instructs the owners to open the treasure in 2029, 50 years on from the time it was buried.
Return on the property when leased out is about $159,587, with multiple tenancies available.
The prime location on Chapman Road sees 13,141 vehicles pass each day.
The building is currently used as a busport by TransWA and has a cafe leasing space at the end of the building.
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