Discover this exceptional mixed-use property located at a prominent corner position in Kalgoorlie-Boulder. Spanning 1,001 m² of land with a substantial 775 m² building, this property offers unparalleled visibility and accessibility, making it a prime investment.
Key Details
Land Size: 1,001 m²
Building Size: 775 m²
Zoning: Mixed Use R10/50
Corner Location: High visibility and traffic exposure
Estimated Sizes: All dimensions are approximate
Current Tenancy
1. Drill Tech Hydraulics and Mechanical Pty Ltd (T/A Charged Rides)
o Annual Rent: $27,600 + GST & Outgoings
o Lease Expiry: 31/01/2025 (with a one-year option)
2. Mary-Rona Bloomfield-Yeeda
o Annual Rent: $10,800 (Gross Rent)
o Lease Type: Periodic
3. Fieldstar Nominees Pty Ltd
o Annual Rent: $50,332.80 + GST & Outgoings
o Lease Expiry: 01/10/2024 (with a two-year option until 01/10/2026)
Investment Highlights
Total Annual Income: $88,732.80 (from all tenants)
Sale Price: $800,000
Gross Yield: Approximately 10.90%
Zoning Benefits: Mixed-use zoning allows for a variety of development options, catering to both commercial and residential needs.
Why Invest Here?
High Visibility: The corner location ensures maximum exposure to foot and vehicle traffic, ideal for attracting customers.
Strong Cash Flow: With diverse tenants and secure leases, enjoy a stable and attractive return on investment.
Growth Potential: The mixed-use zoning provides flexibility for future developments or expansions, tapping into the growing local market.
Location Advantage: Kalgoorlie-Boulder is a vibrant economic centre with a strong demand for commercial and residential spaces.
Get in Touch
Don't miss this exceptional opportunity to invest in a strategically located mixed-use property.
Contact Robbie today on 0419 864 695 to arrange a viewing and explore the possibilities!
