FOR SALE
$3,300,000 + GST (If applicable)

203-205 Hannan Street
Kalgoorlie WA 6430

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 960m2
Land area: 1012m2
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Premium Hannan Street Investment Opportunity

John Matthew & Sons are proud to be the Exclusive Selling Agency for 203-205 Hannan Street, Kalgoorlie.
This is a rare occasion to secure an attractive investment with the property being offered to market for the first time since 1989.
The property is being marketed for $3,300,000 and is being sold as a 'Going Concern', returning approximately 10.5% for the savvy investor.
This is an attractive offering with a strong anchor tenant with a Lease through until mid-2028.
For an Information Memorandum or to book an inspection please contact Daniel Lavery on 0411 174 452 or (08) 9080 1900, or email daniel.lavery@jmsons.com.au .

Property Details for 203-205 Hannan St, Kalgoorlie

Building Type
Commercial
Floor Size
960m2
Land Size
1012m2

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About Kalgoorlie 6430

The size of Kalgoorlie is approximately 3.9 square kilometres. It has 9 parks covering nearly 18% of total area. The population of Kalgoorlie in 2011 was 4,244 people. By 2016 the population was 3,917 showing a population decline of 7.7% in the area during that time. The predominant age group in Kalgoorlie is 20-29 years. Households in Kalgoorlie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kalgoorlie work in a trades occupation. In 2011, 47.3% of the homes in Kalgoorlie were owner-occupied compared with 49.6% in 2016.

Kalgoorlie has 2,694 properties. Over the last 5 years, Houses in Kalgoorlie have seen a 38.47% increase in median value, while Units have seen a 93.27% increase. As at 30 September 2024:

  • The median value for Houses in Kalgoorlie is $343,740 while the median value for Units is $276,249.
  • Houses have a median rent of $620 while Units have a median rent of $500.
There are currently 31 properties listed for sale, and 34 properties listed for rent in Kalgoorlie on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Kalgoorlie.

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