SOLD
177 Boulder Road, South Kalgoorlie, WA 6430
Amazing 8.70% return with upside!
John Matthew & Sons are pleased to be marketing this outstanding commercial property situated in a prime corner location on Boulder Road.
177 Boulder Road is currently leased to Gotem Group Pty Ltd on a five (5) year term expiring 31/03/2027. Gotem provide quality labour hire, procurement, training and engineering services throughout the Southwest and Goldfields’ areas and have been operating as a family-owned Australia business since 2009.
The fully concreted corner site has 148sqm* of reception/showroom, office and ablutions and is serviced by concreted off-street parking. The 255sqm* of primary workshop is housed within a heavy-duty steel framed structure with 4 x 3.5m* high roller doors facing East Street. A 253sqm* mezzanine level within the workshop is accessible via multiple ladder access points, adding significant storage options. There is also a secondary workshop of 82sqm*, and there is a small, gated yard at the rear adding some secure external storage.
Current Rent – $72,000.00 per annum excluding GST & Outgoings
CPI Perth (All Groups) increase is due 01/04/2023
Asking Price – $825,000
GST is in the form of a ‘Going Concern’
Estimated Outgoings 2022/23
Council Rates - $6,000 pa + GST
Water Rates- $300 pa + GST
Insurance - $2,600 pa + GST
* Approximate only
An Information Memorandum is available for all qualified Buyers.
For further information including an information memorandum please contact Daniel Lavery on 0411 174 452 or email him at [email protected] or James Brennan on 0434 967 357 or email him at [email protected] .
177 Boulder Road is currently leased to Gotem Group Pty Ltd on a five (5) year term expiring 31/03/2027. Gotem provide quality labour hire, procurement, training and engineering services throughout the Southwest and Goldfields’ areas and have been operating as a family-owned Australia business since 2009.
The fully concreted corner site has 148sqm* of reception/showroom, office and ablutions and is serviced by concreted off-street parking. The 255sqm* of primary workshop is housed within a heavy-duty steel framed structure with 4 x 3.5m* high roller doors facing East Street. A 253sqm* mezzanine level within the workshop is accessible via multiple ladder access points, adding significant storage options. There is also a secondary workshop of 82sqm*, and there is a small, gated yard at the rear adding some secure external storage.
Current Rent – $72,000.00 per annum excluding GST & Outgoings
CPI Perth (All Groups) increase is due 01/04/2023
Asking Price – $825,000
GST is in the form of a ‘Going Concern’
Estimated Outgoings 2022/23
Council Rates - $6,000 pa + GST
Water Rates- $300 pa + GST
Insurance - $2,600 pa + GST
* Approximate only
An Information Memorandum is available for all qualified Buyers.
For further information including an information memorandum please contact Daniel Lavery on 0411 174 452 or email him at [email protected] or James Brennan on 0434 967 357 or email him at [email protected] .
Property Info
Municipality
South Kalgoorlie
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