OFF MARKET

74 Great Eastern Highway
West Kalgoorlie WA 6430

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 286m2
Land area: 12771m2
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Property Details for 74 Great Eastern Hwy, West Kalgoorlie

Building Type
Commercial
Floor Size
286m2
Land Size
12771m2
Local Government
Kalgoorlie-Boulder
Lot/Plan
29/P018892

Last Listing description (April 2018)

A SECURE COMMERCIAL PROPERTY INVESTMENT LIKE NO OTHER FOR SALE BY PRIVATE TREATY
FREEHOLD LAND AND IMPROVEMENTS FULLY TENANTED
RETURNS BASED ON ACTUAL AVERAGE NET SUSTAINABLE INCOME LAST THREE YEARS $397,500 (excluding GST) NB A PERIOD OF SUPPRESSED COMMERCIAL ACTIVITY IN KALGOORLIE.

Average 3 Year Net Adjusted Profit Return on Investment 9.375%
Actual Net Adjusted Profit FY 2017 Return on Investment 9.737%
Projected Net Adjusted Profit 2018 Return on Investment 11.227%
Plus Vacant Under Utilised Land $495,000 (Ex GST) $110 per sqm Yield. Subdivision Pending.
(Lot 29) 74 GREAT EASTERN HIGHWAY KALGOORLIE (1.2771 Hectares)
AND
ADJACENT LOT WITH ACCESS TO (Lot 33) 19 COATH ROAD, KALGOORLIE (1.7441 Hectares)
AND
KALGOORLIE SELF STORAGE BUSINESS
(ALL TO BE SOLD AS A GOING CONCERN)
WHAT IS ON OFFER?
Leased investment portfolio plus a profitable self-storage business with excellent long term track record.
Substantial (3.0212 hectares) strategically located adjacent lots in the industrial area of West Kalgoorlie.
Improvements comprise various industrial premises leased to a range of small and medium size tenants providing regular stable property rental returns.
The well established easily run profitable Business known as Kalgoorlie Self Storage with an excellent trading record over the last 20 years.
Land improvements and business under the same ownership and management for the last 20 years
Genuine reason for sale owners now wish to retire
Click 'Virtual Tour 1' to View the Business Profile at www.fortune.net.au
Contact Phil Mulcahy 0418 689 423 or Email

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Property History for 74 Great Eastern Hwy, West Kalgoorlie, WA 6430

A timeline of how this property has performed in the market
Last Sold
$2,090,000
16 Feb 2018
Listed for Rent
$48/w
30 Dec 2015
  • 23 Apr 2018
    Listed for Sale $4,735,000 plus GST if Applicable
  • 16 Feb 2018
    Sold for $2,090,000
  • 24 Oct 2017
    Listed for Sale $4,735,000 plus GST if Applicable
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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 275 properties. As at 31 January 2025:

  • The median value for Houses in West Kalgoorlie is $499,146 while the median value for Units is $363,869.
There are currently 2 properties listed for sale, and 2 properties listed for rent in West kalgoorlie on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in West kalgoorlie.

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