409 Hannan Street, Kalgoorlie, WA 6430

Hotel/Leisure | Hotel/Leisure | Other

For Sale Expressions of Interest

  • Property ID: 321893
  • Floor Area: 1930m²
  • Land Area: 5063m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
  • Cafes: 2 nearby
Substantial accommodation asset in Kalgoorlie

Ray White Commercial (WA) are pleased to present the Midas Motel Kalgoorlie for Sale.

The property comprises 48 motel units plus office, reception, restaurant, kitchen, bar and an upper level which is a former function room now used for guest storage.

The Midas Motel is prominently located on the corner of Hannan Street and Lane Street centrally situated with an easy walk of 2 to 5 minutes to Woolworths, Coles, Exchange and Palace Hotels.

There is excess land for further development

The balance of the site is utilised for car parking together with a below-ground swimming pool, small lawn area and barbecue facilities.

Property particulars:
- 48 units, restaurant and reception
- Land area 5,063sqm*
- Excess land for further development
- Substantial cash flow
- Walking distance to Kalgoorlie CBD

For further information or to arrange an inspection please contact:

Brett Wilkins
M: 0478 611 168
E: brett.wilkins@raywhite.com

Phil Zoiti
M: 0419 993 656
E: phil.zoiti@raywhite.com

*approximately

Kalgoorlie Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $1502 $210 14.00%
Retail $2284 $208 9.11%
Industrial $1587 $84 5.27%
This is the average advertised price, rent and yield for Kalgoorlie, WA 6430*
* 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.
Agency Details

Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000

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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 409 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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