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Substantial accommodation asset in Kalgoorlie

409 Hannan Street, KALGOORLIE WA, 6430

For Sale

Property for Sale in 409 Hannan Street, KALGOORLIE WA, 6430

Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000

Listing ID:
11333746
Status:
Under-offer
For:
Sale
Price:
Expressions of Interest
Last Updated:
10/10/2019
Icon building

Property Type

Hotel/Leisure/Hotel/Leisure/Other
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Land Area

5063 SQM
Icon size

Floor Area

1930 SQM
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Parking

N/A

Substantial accommodation asset in Kalgoorlie

Ray White Commercial (WA) are pleased to present the Midas Motel Kalgoorlie for Sale.

The property comprises 48 motel units plus office, reception, restaurant, kitchen, bar and an upper level which is a former function room now used for guest storage.

The Midas Motel is prominently located on the corner of Hannan Street and Lane Street centrally situated with an easy walk of 2 to 5 minutes to Woolworths, Coles, Exchange and Palace Hotels.

There is excess land for further development

The balance of the site is utilised for car parking together with a below-ground swimming pool, small lawn area and barbecue facilities.

Property particulars:
- 48 units, restaurant and reception
- Land area 5,063sqm*
- Excess land for further development
- Substantial cash flow
- Walking distance to Kalgoorlie CBD

For further information or to arrange an inspection please contact:

Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com

Phil Zoiti
M: 0419 993 656
E: phil.zoiti@raywhite.com

*approximately

For more details, please email agent


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Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000


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