INDUSTRIAL INVESTMENT - GREAT RETURN!
JOHN MATTHEW AND SONS ARE PLEASED TO OFFER FOR SALE BY PRIVATE TREATY THIS FREESTANDING INDUSTRIAL WORKSHOP & OFFICE SITUATED JUST OFF GREAT EASTERN HIGHWAY IN THE BUSY WEST KALGOORLIE INDUSTRIAL AREA. SELLING AS A 'GOING CONCERN', ASKING $965,000. THIS IS A LEASED INVESTMENT SHOWING A VERY ATTRACTIVE 10.50% RETURN ON ASKING PRICE. THE PROPERTY IS COMPRISED OF A METAL CLAD WORKSHOP WITH AN ADJOINING BRICK OFFICE, IT IS IN VERY GOOD CONDITION AND PROVIDES GOOD EXPOSURE TO PASSING TRAFFIC. THERE ARE FOUR SETS OF DOORS TO THE WORKSHOP, HIGH TRUSS'S FOR EASY ACCESS AND A GOOD ENCLOSED STORES AREA. - LAND AREA 6528 SQM - IMPROVEMENTS 519 SQM WORKSHOP & 72 SQM OFFICE(INCLUDES RECEPTION AND BOARD ROOM), 100 SQM MEZZANINE - GANTRY CRANE WITH 3.2 TONNE CAPACITY - KITCHEN, TOILET AND SHOWER FACILITIES - YARD CONTAINS SEVERAL CONCRETE HARDSTAND AREAS AND A FUEL BUND AS WELL - LEASED TO FUELFIX PTY LTD, LEASE EXPIRY 30/09/14 WITH A FURTHER THREE (3) YEAR OPTION TERM COMMENCING 01/10/14. LAND DETAILS FRONTAGE - 68M WILLIAMS STREET DEPTH - 96M ZONING THE CITY OF KALGOORLIE-BOULDER ADVISE THAT THE PROPERTY IS ZONED GENERAL INDUSTRY PLEASE MAKE AN ENQUIRY ON THIS PROPERTY TODAY, FOR FURTHER DETAILS CONTACT DANIEL LAVERY ON 08 9080 1900 OR 0411174452.
The size of West Kalgoorlie is approximately 2 square kilometres. The population of West Kalgoorlie in 2011 was 810 people. By 2016 the population was 3 showing a population decline of 99.6% in the area during that time. The predominant age group in West Kalgoorlie is 30-39 years. Households in West Kalgoorlie are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in West Kalgoorlie work in a machinery operators and drivers occupation. In 2011, 76% of the homes in West Kalgoorlie were owner-occupied compared with 60% in 2016..
West Kalgoorlie has 272 properties. As at 31 October 2024:
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