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10.70% return on investment!

72 Brookman Street, KALGOORLIE WA, 6430

For Sale

Property for Sale in 72 Brookman Street, KALGOORLIE WA, 6430

John Matthew & Sons

73 Maritana Street, Kalgoorlie, WA 6430

Listing ID:
11307974
Status:
Active
For:
Sale
Price:
$1,450,000 (Going Concern)
Last Updated:
11/02/2019
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Property Type

Retail/Offices
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Land Area

2024 SQM
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Floor Area

1406 SQM
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Parking

10

10.70% return on investment!

John Matthew & Sons are offering this attractive Commercial property, situated on a 2,024sqm* Lot, for sale by way of 'Private Treaty'.

The Lot has improvements of approximately 1,406sqm*, and these are a combination of showroom, office & storage through several different tenancies:

Shop 1-2: 790sqm* - Office National
Shop 3: 350sqm* - Emerge Technologies
Shop 4, 5 & 6: 200sqm* - Goldfields Real Estate Kalgoorlie
Shop 7: 66sqm* - Vacant

* All measurements are approximate only.

The City of Kalgoorlie-Boulder have advised the property is zoned 'R60 Central Business'.

Current Passing Rent: $159,680.52pa excluding GST & Outgoings

Asking $1,450,000 & being sold as a 'Going Concern'

Current Net Return: 11.00% on asking price
(Important Note - this return does not take into account Agent's Management Fees or the Outgoings for the vacant property)

For more information, including an Information Memorandum & Tenancy Schedule, please phone Daniel Lavery on 08 9080 1900 or 0411 174 452.

For more details, please email agent

John Matthew & Sons

73 Maritana Street, Kalgoorlie, WA 6430


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