Kalgoorlie, 251-257 Hannan Street

1212 parking
$1,300,000


JEANSWEST ANCHOR TENANT!

Located in Kalgoorlie's busiest shopping precinct is this super investment opportunity. Nestled between Just Jeans and the Iconic York Hotel, the properties enjoy good foot and vehicle traffic in Kalgoorlie's CBD.

The property boasts three leased shops all with frontage to Hannan Street, with Jeanswest being the major tenant:

251 Hannan St - Ahead of Time Hair and Beauty, Lease expiry 30th September 2019
255 Hannan St - Jeanswest, Lease expiry 30th September 2020
257
Located in Kalgoorlie's busiest shopping precinct is this super investment opportunity. Nestled between Just Jeans and the Iconic York Hotel, the properties enjoy good foot and vehicle traffic in Kalgoorlie's CBD.

The property boasts three leased shops all with frontage to Hannan Street, with Jeanswest being the major tenant:

251 Hannan St - Ahead of Time Hair and Beauty, Lease expiry 30th September 2019
255 Hannan St - Jeanswest, Lease expiry 30th September 2020
257 Hannan St - Westpecs Pty Ltd, Lease expiry 30th September 2020 (Break Lease Clause included from 1st October 2018)

Each Lease has a Redecoration Clause built into it and all Outgoings are payable by the retail tenants. There is fenced area at the rear for staff parking with access of the laneway.

The City of Kalgoorlie-Boulder has advised the property zoned 'R60 Central Business'.

Asking $1,300,000 and being sold as a 'Going Concern'
Passing rent is $110,732.64pa excluding GST and Outgoings
Return on asking price is approximately 8.50%

A Tenancy Schedule and Information Memorandum are available on request, for more information please phone Daniel Lavery on 08 9080 1900 or 0411 174 452.

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Agent Details

 DANIEL LAVERY

DANIEL LAVERY
M: 0411 174 452
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