FOR SALE: $880,000 (Going Concern)
Attractive Returns Up to 14% ROI
An exceptional opportunity to secure a fully-tenanted, mixed-use commercial property in the heart of Boulder's historic precinct. 29-39 Burt Street offers multiple income streams, reliable tenants, and scope to enhance returns through flexible accommodation strategies.
Key Investment Highlights:
Total Land Area: 1,742m² across three titles
Zoning: Commercial
Established Tenancies:
o Goldfields Cleaning Services: $1,200/month
o African Grocer: $2,000/month
o Other Commercial Tenant: $450/week
Accommodation Income:
o 3x rooms (shared bathroom) currently leased short-term at $250/night total
o Average occupancy rate: 62% annually
o Estimated long-term lease potential: $1,200/week
Expected Returns:
o (Long-Term Accommodation): ~$124,200 p.a.
o Short-Term Accommodation): ~$118,375 p.a.
o ROI Range: ~7% to 14% annually
Outgoings: ~$6,000 p.a. (Council Rates + Water)
This property represents an ideal opportunity for investors seeking passive income, tenant diversity, and asset stability in a region supported by strong economic fundamentals. Kalgoorlie-Boulder continues to thrive as a major hub for mining, logistics, and industry, fuelling steady demand for both commercial and residential property.
With very few comparable properties offering this combination of yield, flexibility, and location29-39 Burt Street is a standout portfolio addition.