• Land Size: 3506 m²
• Building Improvements: Approximately 1920 m², consisting of workshops, roof cover awnings, and office space
• Zoning: Mixed Use
• Total Annual Rent: $195,610.44 per annum
• Current Return on Investment (ROI): Over 10% based on the asking price
Lease Schedule:
1. Wormald
o Rent: $52,196.28 PA + GST & Outgoings
o Lease Term: Until 31st July 2026
o CPI Increase: 31st July 2025
2. Mud Lodgic
o Rent: $61,521.36 PA + GST & Outgoings
o Lease Term: Until 31st January 2026, with an additional three-year option starting 1st February 2026
o CPI Increase: 1st February 2027 and 1st February 2028
o Market Rent Review: Upon commencement of option period
3. Kurt & Natalie Trust
o Rent: $81,892.80 PA + GST & Outgoings
o Lease Term: Until 1st July 2027, with two 2-year options to follow
o Market Rent Review: Annually during lease term
This combination of long-term leases with well-established tenants offers strong, stable cash flow, making it a highly attractive investment in Kalgoorlie's mixed-use zone.
This commercial property at 219 Dugan Street, Kalgoorlie is listed for sale by Robert Gilmore at First National Real Estate Kalgoorlie.
It has been described by the agent as ‘219-225 Dugan Street, Kalgoorlie, represents an exceptional investment opportunity, with a prime location and strong leasing arrangements. Here are th’.
If you would like to get in touch with Robert Gilmore regarding 219 Dugan Street, Kalgoorlie, please call 0419 864 695 or contact the agent via email.