27 Darcy Lane West Kalgoorlie WA 6430

John Matthew & Sons are pleased to present 'For Sale' this leased showroom/office & warehouse facility in the heart of West Kalgoorlie with full frontage exposure to Great Eastern Highway.

Properties along Darcy Lane are highly sought after by commercial/industrial tenants, and owner occupier buyers, mainly due to the generous customer parking, and high exposure to passing traffic along the now dual lane Great Eastern Highway. There currently no vacancies on Darcy Lane, and this further supports these comments.

With a total land area of 1,218sqm* the improvements comprise a well dimensioned 80sqm* showroom/office, with a 320sqm* warehouse (including amenities), and rear fenced rear yard of 660sqm*.

The property is zoned 'Mixed Business' under Town Planning Scheme No 1, however the recently endorsed Local Planning Scheme No 2 ("LPS2") will see an improved zoning to 'General Industry'. We encourage Buyers to direct enquiries on LPS2 to the City of Kalgoorlie-Boulder.

The property is leased to 'Hosemate (WA) Pty Ltd' on the following terms:

> Rent - $50,012.49pa + GST + Outgoings
> Term - Three (3) years commencing 1 September 2020
> Option Term - Three (3) years commencing 1 September 2023
> Rent Reviews - CPI (Perth) Annually, Market Review at the Option Term
> Outgoings - Tenant pays all the usual Outgoings, including Agent's Management Fees.

The asking price of $599,000 shows a return on investment of approximately 8.35%, and all things being equal we expect this property to sell very quickly.

* Measurements are approximate only.

To express your interest please call or email Daniel Lavery on 0411 174 452 & daniel.lavery@jmsons.com.au.