FOR SALE
Offers From $500,000

170 Boulder Road
South Kalgoorlie WA 6430

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 340m2
Land area: 1088m2
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Exceptional Investment Opportunity: Prime Commercial Property for Sale

We are thrilled to offer an outstanding commercial property located at the prominent corner of Dorothea Street and Boulder Road. This is your chance to secure a prime piece of real estate with exceptional development potential and immediate income generation.
Key Features:
Prime Corner Location: Positioned on a high-traffic corner block of 1087m² on bustling Boulder Road, this property benefits from unparalleled visibility and accessibility. It’s directly across from the brand new Heatleys site, ensuring increased foot traffic and prominence.
Zoning: Recently rezoned to Service Commercial, this property offers a range of possibilities for various business uses and development projects.
Established Tenants:
Front Unit: Leased since 2017 on a periodic basis for $22,750.92 per annum, plus GST and outgoings. This long-standing tenant provides stability and reliability.
Rear Unit: Occupied since May 2011 and recently signed a new 2-year lease in 2022 for $25,750.92 per annum, plus GST and outgoings. This long-term tenant offers a secure and predictable income stream.
Investment Details: Priced at $500,000, this property offers a solid return on investment. With a combined annual rental income of $48,501.84 (excluding GST and outgoings), the estimated ROI is approximately 9.7%. This attractive yield underscores the property’s value as a profitable investment.
Development Potential: With long-term development in mind, this location is ideal for future projects. Meanwhile, the existing setup allows you to grow your business with the added advantage of rental income.
Investment Advantages: The dual benefit of current rental income combined with significant development potential makes this property a rare find. It’s a strategic investment opportunity that promises both immediate returns and future growth.
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Property Details for 170 Boulder Rd, South Kalgoorlie

Building Type
Commercial
Floor Size
340m2
Land Size
1088m2

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About South Kalgoorlie 6430

The size of South Kalgoorlie is approximately 3.1 square kilometres. It has 6 parks covering nearly 2.1% of total area. The population of South Kalgoorlie in 2011 was 4,849 people. By 2016 the population was 4,891 showing a population growth of 0.9% in the area during that time. The predominant age group in South Kalgoorlie is 0-9 years. Households in South Kalgoorlie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Kalgoorlie work in a trades occupation. In 2011, 58.6% of the homes in South Kalgoorlie were owner-occupied compared with 59.1% in 2016.

South Kalgoorlie has 2,216 properties. Over the last 5 years, Houses in South Kalgoorlie have seen a 69.67% increase in median value, while Units have seen a 128.91% increase. As at 31 October 2024:

  • The median value for Houses in South Kalgoorlie is $348,906 while the median value for Units is $316,929.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 20 properties listed for sale, and 4 properties listed for rent in South kalgoorlie on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in South kalgoorlie.

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Robert Gilmore
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First National Real Estate Kalgoorlie
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