Prime Mixed-Use Investment Opportunity in Kalgoorlie-Boulder
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) oAnnual Rent: $27,600 + GST & Outgoings oLease Expiry: 31/01/2025 (with a one-year option)
3.Fieldstar Nominees Pty Ltd oAnnual Rent: $50,332.80 + GST & Outgoings oLease 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!
