10 Bayley StreetCoolgardie WA 6429
Property Details for 10 Bayley St, Coolgardie
Last Listing description (April 2016)
Gold Rush Motels Coolgardie
Vacant Possession or Leased Investment. 41 Units 2 Homes, Licensed Restaurant Two Motels Refurbished and Refitted to a Very High Standard. Consider These Outstanding Returns on this unique strategically located bricks and mortar investment:-
* Owner Operator - 28.2% P.A.
* Landlord's Rent - 16.43% P.A.
* Lessees Return After Rent - 83.33% P.A.
* Returns Based On Tax Return Financials Average Over Last Five Years Of Trading N.B. Current Financial Year Will Exceed Current Five Year Average.
Brilliant central location on highway one servicing heavy passing traffic a large catchment area for mining service contractors and a large catchment area for water pipe, road maintenance and Telstra & Western Power etc. contractors.
See the comprehensive Business Profile for full details. Click 'Website 1' to view.
Contact Phil Mulcahy 0418 689 423 or Email
Property History for 10 Bayley St, Coolgardie, WA 6429
- 22 Nov 2021Sold for $2,380,000
- 20 Jan 2016Sold for $1,375,000
- 30 Jan 2015Listed for Sale UNDER OFFER! Another Wanted.
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0About Coolgardie 6429
The size of Coolgardie is approximately 125 square kilometres. It has 8 parks covering nearly 4.6% of total area. The population of Coolgardie in 2011 was 954 people. By 2016 the population was 871 showing a population decline of 8.7% in the area during that time. The predominant age group in Coolgardie is 50-59 years. Households in Coolgardie are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Coolgardie work in a machinery operators and drivers occupation. In 2011, 61.7% of the homes in Coolgardie were owner-occupied compared with 61% in 2016.
Coolgardie has 1,551 properties. Over the last 5 years, Houses in Coolgardie have seen a 101.98% increase in median value, while Units have seen a 284.92% increase. As at 30 September 2024:
- The median value for Houses in Coolgardie is $151,742 while the median value for Units is $500,842.
- Houses have a median rent of $400 while Units have a median rent of $230.
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