Kalgoorlie, 72 Boulder Road

$990,000 (Going Concern)


INVESTMENT OPPORTUNITY - LEASED TO NANDOS

Take the opportunity to secure this two story federation style building that was constructed in the early 1900's during the early gold rush days.

With large veranda's and lacework balustrade, panelled doors, and leadlight windows, the building has a complete restaurant fit-out downs stairs, and was refurbished by the Tenant in early 2017.

The first floor includes; a self contained one bedroom unit, 3 x separate bedrooms, one shower and two toilets.

Quality Tenant -
Take the opportunity to secure this two story federation style building that was constructed in the early 1900's during the early gold rush days.

With large veranda's and lacework balustrade, panelled doors, and leadlight windows, the building has a complete restaurant fit-out downs stairs, and was refurbished by the Tenant in early 2017.

The first floor includes; a self contained one bedroom unit, 3 x separate bedrooms, one shower and two toilets.

Quality Tenant - Nando's
Secure Lease - Five (5) year term commencing 1st August 2016 (original Lease commenced 1st August 2011)
Option Term - Five (5) year option commencing 1st August 2021
Net Rent - $80,591.52 per annum plus GST and Outgoings
Rent Reviews - CPI Perth Annually, Market at Option Term

Asking Price - $990,000 and being sold as a 'Going Concern'
Return on Asking Price - 8.10%

For further information give Daniel Lavery a call today on 0411 174 452.

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Agent Details

Daniel Lavery

Daniel Lavery
M: 0411 174 452
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