Kalgoorlie, 72 Brookman Street

1010 parking
$1,450,000


LEASED INVESTMENT WITH ROOM FOR GROWTH!

We are pleased to offer for sale this fantastic Commercial Investment situated on a 2,024sqm Lot.

Improvements include approximately 1,406sqm, and are a combination of showroom, office and warehouse through several different tenancies:

Shop 1 and 2: 790sqm* - Office National
Shop 3: 350sqm* - Emerge Technologies
Shop 4 and 5: 133sqm* - Vacant
Shop 6: 67sqm* - Vacant
Shop 7: 66sqm* - Vacant

* All measurements are approximate only.

Shops 1-2,
We are pleased to offer for sale this fantastic Commercial Investment situated on a 2,024sqm Lot.

Improvements include approximately 1,406sqm, and are a combination of showroom, office and warehouse through several different tenancies:

Shop 1 and 2: 790sqm* - Office National
Shop 3: 350sqm* - Emerge Technologies
Shop 4 and 5: 133sqm* - Vacant
Shop 6: 67sqm* - Vacant
Shop 7: 66sqm* - Vacant

* All measurements are approximate only.

Shops 1-2, 3 and 4-5 provide for great exposure to passing vehicle traffic on the very busy Brookman Street. Suites 6 and 7 are nestled in behind Suite 4-5 however they do have large plate glass windows to allow a lot of natural light. The Vendor is willing to negotiate the asking price, especially considering there are several vacancies in the building at present. Suite 4-5 is the most promising leasing prospect and the tenants who were occupying that Suite only as they purchased a building elsewhere.

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

Asking $1,450,000 and being sold as a 'Going Concern'
Current Passing Rent: $138,411.00pa excluding GST and Outgoings
Current Net Return: 9.50% on asking price
(Important Note - this return does not take into account Agent's Management Fees or the Outgoings for the vacant properties)

For more information, including an Information Memorandum and Tenancy Schedule, 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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ALLAN PENDAL

ALLAN PENDAL
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