265 - 269 Hannan Street, Kalgoorlie, WA 6430

Retail

For Sale REDUCED $650,000.00 (No GST)

  • Property ID: 308435
  • Floor Area: 359m²
  • Land Area: 703m²
  • Occupancy: Vacant
  • NBN Availability: Service Available
  • Cafes: 2 nearby
Investment Opportunity on Hannan Street

3 SHOPS, 1 TITLE!

First National Real Estate Kalgoorlie is delighted to offer this great investment opportunity in the heart of Kalgoorlie-Boulders main shopping district. The sale includes not 1, but 3 shops on the one title!

265-269 Hannan Street is comfortably nestled between the York Hotel and Telstra Shop as well as situated close by to St Barbara's Square and the Visitor Information Centre, meaning fantastic exposure to tourists to the Kalgoorlie region. Not only boasting a 14m frontage with an abundance of foot and vehicle traffic, parking at the rear for staff members is an added bonus.

The entire property has three separate shops, two of which are currently leased with long term tenants, highlighting the fact that you could own a slice of Kalgoorlie's retail district for an extended period of time.

Current return on asking is 8.17 % with the potential of a higher return when fully leased. A Tenancy Schedule and Information Memorandum are available on request.

Property is Zoned R60 Central Business by the City of Kalgoorlie-Boulder

Asking $650,000.00 and to be sold as a Going Concern

20/21 Council Rates $10,350.00 approx.
20/21 Water Rates $900.00 approx.

Kalgoorlie Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $1454 $196 13.46%
Industrial $1286 $156 12.13%
Retail $1593 $184 11.53%
This is the average advertised price, rent and yield for Kalgoorlie, WA 6430*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 265 - 269 Hannan Street, Kalgoorlie, WA 6430. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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