FOR SALE
$1,900,000

219 Dugan Street
Kalgoorlie WA 6430

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1920m2
Land area: 3506m2
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219-225 Dugan Street, Kalgoorlie, represents an exceptional investment opportunity, with a prime location and strong leasing arrangements. Here are the key details:

• Land Size: 3506 m²
• Building Improvements: Approximately 1920 m², consisting of workshops, roof cover awnings, and office space
• Zoning: Mixed Use
• Total Annual Rent: $195,610.44 per annum
• Current Return on Investment (ROI): Over 10% based on the asking price
Lease Schedule:
1. Wormald
o Rent: $52,196.28 PA + GST & Outgoings
o Lease Term: Until 31st July 2026
o CPI Increase: 31st July 2025
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Property Details for 219 Dugan St, Kalgoorlie

Building Type
Commercial
Floor Size
1920m2
Land Size
3506m2

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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 2,696 properties. Over the last 5 years, Houses in Kalgoorlie have seen a 60.03% increase in median value, while Units have seen a 80.20% increase. As at 30 November 2024:

  • The median value for Houses in Kalgoorlie is $358,180 while the median value for Units is $280,580.
  • Houses have a median rent of $610 while Units have a median rent of $520.
There are currently 38 properties listed for sale, and 34 properties listed for rent in Kalgoorlie on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Kalgoorlie.

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Robert Gilmore
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First National Real Estate Kalgoorlie
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