35 Great Eastern HighwayWest Kalgoorlie WA 6430
Property Details for 35 Great Eastern Hwy, West Kalgoorlie
Last Listing description (October 2023)
John Matthew & Sons are proud to present to market this dual income property situated in a prime West Kalgoorlie position on Great Eastern Highway.The property comprises two tenancies being a showroom/workshop in Unit 1, currently leased to February 2032, and Unit 2 an office with yard, currently leased until October 2024. The property shows income of $202,699.82 from the two tenants with the minor tenant being part of the Wesfarmers Group.Asking Price - $2,400,000 (Going Concern)Yield - 8.44%For an Information Memorandum or to arrange an inspection strictly by appointment, please contact Daniel Lavery on 0411 174 452 or email him at daniel.lavery@jmsons.com.au, or phone James Brennan on 0434 967 357 or email him at commercial1@jmsons.com.au
Property History for 35 Great Eastern Hwy, West Kalgoorlie, WA 6430
- 02 Aug 2023Sold for $2,400,000
- 07 Jul 2023Listed for Sale $2,400,000 (Going Concern)
- 01 Nov 2019Listed for Rent $54,000 / month
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About West Kalgoorlie 6430
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:
- The median value for Houses in West Kalgoorlie is $482,201 while the median value for Units is $363,869.
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