89 Graeme Street Kalgoorlie WA 6430

Altegra are pleased to present this unique leased investment with "Walk In/Walk Out" supermarket business and great core of anchor tenants with significant rental upside potential, situated on a large land holding.

FOR SALE via OFFERS TO PURCHASE | Closing 4pm AWST 12th March 2025 | Unless sold prior

Hannans Boulevard Shopping Centre is a fully enclosed single level neighbourhood shopping centre built circa 1994. The centre is in good condition with modern Plant and Equipment after regular capex investment by building owners over recent years.

Property features include:

- 4,148m2* lettable area
- 15,807m2* land
- Will sell for well below current replacement cost
- Current net rental income of $272,885 + GST**
- WALE of 3.1** years
- Established, trading supermarket included in final negotiated sale price

Location:

Nestled in the heart of the Golden Outback, Kalgoorlie is a vibrant and historic town that offers a unique blend of rich heritage, modern amenities, and a dynamic mining industry. Located approximately 600 kilometres east of Perth, Kalgoorlie is one of Western Australia's most iconic towns, renowned for its role in the state's gold mining legacy.

With a population of around 30,000, Kalgoorlie boasts a thriving community and a wide range of services and attractions, including excellent schools, healthcare facilities, and shopping options. Kalgoorlie is also easily accessible by road and air, with the Kalgoorlie-Boulder Airport offering regular flights to Perth and beyond.

This is a rare opportunity for specific property investors with an appetite to add value to this asset in the heart of WA's most iconic Goldfields town.

"Offers to Purchase" | Closing 4pm AWST 12th March 2025 I UNLESS SOLD PRIOR

For more detailed information and access to the property dataroom please contact the exclusive selling agent Anthony Morabito at Altegra Property Group.

Note - this property is located in Karlkurla
* all sizes listed are approx.
** excluding IGA supermarket as this will be "walk in/walk out" at settlement