87-89 Hannan Street Kalgoorlie WA 6430

Positioned in the heart of Kalgoorlie's major commercial precinct, this property presents a rare and exceptional investment opportunity. This fully-tenanted commercial property offers strong cash flow, reliable tenants, and minimal upkeep making it an ideal asset for savvy investors seeking secure, long-term returns.

Key Investment Highlights:

Diverse Tenant Mix 4 Tenancies Across Retail, Services & Office
Total Net Income: $51,801.32 + GST p.a.
Outgoings: $20,740.20 + GST p.a. (Mostly recoverable via tenants)

Estimated Land Area: 800 sqm | Building Area: 590 sqm
Secure Staff Parking to Rear
Exceptional ROI: Approx. 10% at Asking Price
Low Maintenance, Easy-to-Manage Investment

High foot & vehicle traffic, excellent exposure, easy access for customers.

Tenancy summary:

1. Pink Sugar Crafts
Rent: $7,636.32 + GST p.a.
Term: Rolling (Commenced 01/12/2021)
Rent Reviews: Market
Outgoings: Nil INC in rent.

2. Kyara Nominees
Rent: $25,104.00 + GST + Outgoings p.a.
Term: 3-Year Lease (Expires 20/08/2026)
Rent Reviews: CPI (Next on 21/08/2025)
Outgoings: $944.02 + GST per month

3. GK Hair & Co
Rent: $17,061.00 + GST + Outgoings p.a.
Term: Holding Over (Commenced 01/06/2023)
Rent Reviews: CPI
Outgoings: $361.40 + GST per month

4. First National Real Estate (Storage Use Only)
Rent: $2,000.00 + GST p.a.
Term: Rolling (Commenced 01/07/1999)
Outgoings: Nil