$600,000 (Going Concern)

111 Maritana Street, Kalgoorlie, WA 6430


Outstanding CBD Office with committed Government tenant

John Matthew & Sons are pleased to offer this exceptional Office with a recently recommitted lease to the Minister for Works.

111 Maritana Street is situated on a 180sqm* regular shaped Lot, with a 10m* frontage to Maritana Street itself, and built to the boundaries on all sides. It is situated in the heart of Kalgoorlie nestled between professional mining and accounting office accommodation.

The building presents very well overall, with a large shopfront opening into a reception & waiting area. There are four private offices partitioned using large glass panels, there is a large open plan working area/meeting room, along with a good size storage/filing area, separate enclosed server room, kitchen and single ablution.

There is a ‘Right of Carriageway - Benefit’ immediately to the rear of the property, and that allows bin storage and access to the right of way. The location sees substantial passing vehicle and foot traffic all year round, and this is considered a high-profile location.

The suspended ceilings are a generous 3.2m* high, and this gives this gives the building a larger overall feel as you make your way through it. There is a split system air conditioner to the server room, with the remainder of the office serviced by ducted reverse cycle air conditioning. There is also a Security System with a back to base alarm.

The tenant has recently signed a 4-year extension of Lease that is due to commence 1/12/25 which will see the property achieve a yield of 9% when considering the asking price.

Asking Price – $600,000 (Going Concern)

Approximate Outgoings
2025/26 Council Rates – $5,700.00
2025/26 Water Rates – $325.00

Contact James Brennan (0434 967 357 - [email protected]) or Daniel Lavery (0411174452 - [email protected]) for further information including an Information Memorandum.

Property Info

Municipality
Kalgoorlie
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