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72 Boulder Road
Kalgoorlie WA 6430
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Sold on 15 Nov 2022

72 Boulder Road Kalgoorlie WA 6430

  • Shop & Retail
  • 495 m²
  • Sold

INVESTMENT OPPORTUNITY - LEASED TO NANDOS TO DECEMBER 2026

Take the opportunity to secure this two story federation style building that was constructed in the early 1900's during the early gold rush days.

This fine example of the Federation Free Classical Style Building has large verandas and lacework balustrade, paneled doors, and lead-light windows, the building has a complete restaurant fit-out downs stairs, and was refurbished by the Tenant in early 2017.

The ground floor of 335 sqm* includes the commercial kitchen, multiple dining spaces and male and female toilets.
The first floor of 160 sqm* includes a self contained one bedroom unit, 3 x separate bedrooms, one shower and two toilets. These figures do not include the iconic and spacious verandas and balconies. The large lot of 2,465 sqm* includes drive through bay and ample parking.

Quality Tenant - Nando's Franchise
Secure Lease - Five (5) year term commencing 1st January 2022 (original Lease commenced 1st August 2011)
Passing Rent - $75,000.00pa + GST + Outgoings
Rent Reviews - CPI Perth Annually

This property is Heritage Listed as category 2 on the Municipal Inventory with the City of Kalgoorlie Boulder.

Asking Price - $939,000 and being sold as a 'Going Concern'
Return on Asking Price - 8.00%

Estimated Outgoings
Council Rates - $13,500.00
Water Rates - $750.00
Insurance - $3,500.00

For further information give Daniel Lavery (0411 174 452) or James Brennan (0434 967 357) a call, or email them at daniel.lavery@jmsons.com.au & james.brennan@jmsons.com.au.

John Matthew & Sons
73 Maritana Street
Kalgoorlie, WA 6430

Property Highlights

Date Sold15 Nov 2022
Floor Area495 m²
Land Area2,465 m²
Parking44 x Onsite parkings
Property ID2017827752
Category
Last updated  15 Nov 2022
Map for 72 Boulder Road Kalgoorlie WA 6430

Nearest transport* to 72 Boulder Road Kalgoorlie WA 6430

Bus
Train
Tram
Ferry
Boulder Rd Transgoldfields Depot116 m
Boulder Rd After Coventry St149 m
Boulder Rd After Macdonald St198 m
Boulder Rd After Cheetham St260 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
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John Matthew & Sons
73 Maritana Street
Kalgoorlie, WA 6430

Property Highlights

Date Sold15 Nov 2022
Floor Area495 m²
Land Area2,465 m²
Parking44 x Onsite parkings
Property ID2017827752
Category
Last updated  15 Nov 2022

Co-Agents

DANIEL LAVERY
DANIEL LAVERY
John Matthew & Sons
Call
0411 174 452
James Brennan
James Brennan
John Matthew & Sons
Call
0434 967 357

More about 72 Boulder Road Kalgoorlie WA 6430

72 Boulder Road Kalgoorlie WA 6430 is categorized as Shop & Retail Property. It has a floor area of 495 m² and a land area of 2,465 m². There are 44 x onsite parkings.The listing ID for this property is 2017827752.

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