SOLD
Sold on 22 Dec 2023 for $775,000

50 Coolibah Drive
Kununurra WA 6743

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 605m2
Land area: 3296m2
Sold By
First National Kimberley
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Property Details for 50 Coolibah Dr, Kununurra

Building Type
Commercial
Year Built
1967
Floor Size
605m2
Land Size
3296m2
Local Government
Wyndham-East Kimberley
Lot/Plan
2430/P192637

Last Listing description (March 2024)

This exceptional property comprises a 3296 sqm Town Centre (commercial) zoned lot with the primary building improvement consisting of a 2 storey 1967 built ex-govt building with a footprint of approximately 36m x 12m (432sqm), a total of 535 sqm under roof and roughly 630sqm of lettable space across two levels encompassing general office spaces, amenities plus an accommodation unit with a high-set verandah. The property is serviced by dual access concrete driveways to front and rear with large parking areas and has ample space for additional development.

As a development site it has an enviable location close to a range of key town services:
- 150 m from Kununurra District Hospital Health Campus

- 250 m from main sporting facilities
- 350 m from town centre shops, pubs and restaurants
- 650 m from schools and child care precinct

The land area could support development as multi-dwelling apartments or a hotel/motel development but would equally suit development as a commercial facility, corporate HQ or service delivery location and whilst the current building would be described as "dated but functional" it is certainly in a usable state and would provide a large volume of office space for an organisation to use in its current form.

This building would have been one of the first buildings in Kununurra built by the WA State Government in the earliest years of Kununurra's formation and the legacy of this is the fantastic location at the epicentre of the town's growth, but without being in what is now the noisy town centre precinct.

Being within walking distance to everything, this site is perfectly positioned for future residential development, and could provide valuable staff accommodation for workers at the health facilities nearby, but could just as easily suit development into a health related service delivery location.

Options abound, and the building is in usable form and ready to occupy.

Offered at land value, expressions of interest are invited and price is negotiable.

Contact Brad Williams for further information.

Property History for 50 Coolibah Dr, Kununurra, WA 6743

A timeline of how this property has performed in the market
Last Sold
$775,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $775,000
  • 14 Oct 2023
    Listed for Sale $850,000 negotiable
  • 14 Jul 2003
    Sold for $250,000

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About Kununurra 6743

The size of Kununurra is approximately 2,173.9 square kilometres. It has 15 parks covering nearly 28% of total area. The population of Kununurra in 2011 was 5,525 people. By 2016 the population was 5,318 showing a population decline of 3.7% in the area during that time. The predominant age group in Kununurra is 0-9 years. Households in Kununurra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kununurra work in a professional occupation. In 2011, 35.7% of the homes in Kununurra were owner-occupied compared with 34.6% in 2016.

Kununurra has 2,845 properties.

    There are currently 28 properties listed for sale, and 1 property listed for rent in Kununurra on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Kununurra.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.