We are pleased to offer for sale this 2,151sqm fenced hardstand Lot in West Kalgoorlie.
The Lot is currently leased to Dymanic Drill & Blast Pty Ltd for a One (1) year term which commenced 1st June 2016 at a rent of $21,600.00pa plus GST & Outgoings, there is no option term in the Lease.
The City of Kalgoorlie-Boulder have advised this Lot is zoned 'General Industry'.
The following connections are available on the Lot:
- Power (not connected)
- Water (connected)
- Sewerage (not connected)
The Lot is currently ideal for a lay-down area or for general hardstand use, however the Lot does have further potential for a small development. The Lot boundaries are approximately 43.7m² x 49.7m². There is a small undercover area as well for some additional un-secure dry storage.
Asking price $325,000 - Being sold as a 'Going Concern'
The passing rent provides for a 6.60% net return on the asking price, and this pick up income would be handy for anyone wishing to develop the Lot in 12 months time.
For further information please call Daniel Lavery on 0411174452 or 08 9080 1900.
