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.