Reiwa Reiwa
25 Ward Street, Lamington WA 6430

25 Ward Street, Lamington WA 6430

$3,900,000

New

Hotel/Leisure

Contact the agent

Robert Gilmore

0419864695

First National Real Estate Kalgoorlie


(Under Offer) Recently Renovated Accommodation Facility – Prime Kalgoorlie Investment Opportunity

Recently extensively renovated in 2023, this state-of-the-art accommodation facility, known as “Lodge 25”, presents a rare opportunity to acquire a fully equipped, high-quality lodging asset in the heart of Kalgoorlie-Boulder.
Comprising 16 single-occupancy rooms, each with a private ensuite, the property has historically achieved strong rental performance, with an estimated income in the vicinity of $97,000 per month.
Offered for sale with vacant possession, the property is being sold with no existing lease in place and no going concern structure, providing maximum flexibility for incoming operators or investors.
Positioned in the established residential suburb of Lamington, just minutes from the Kalgoorlie CBD, hospital precinct, and key industrial employers, the asset is ideally suited to a wide range of accommodation uses including mining and resource sector housing, corporate or executive accommodation, workforce lodging, or short-term rental operations such as Airbnb-style accommodation.
Key Features
• 16 x Queen single-occupancy rooms
• All rooms include private ensuites
• Fully renovated in 2023 to a high standard
• Commercial kitchen and dining facilities
• Spacious communal lounge and TV areas
• Laundry facilities on site
• Secure premises with security system
• Electric perimeter fencing
• CCTV surveillance throughout
• Disabled-access compliant room
• Outdoor patio and BBQ area
• Ample on-site parking
• Walk-in / walk-out sale (inventory list available)
• No lease in place – flexible use potential
• Land area: 2,024m²
• Building area: approx. 835m²
Outgoings (Estimated Annual – Based on Current Usage)
The following outgoings are based on recent utility consumption and have been annualised for indicative purposes:
• Water Rates: $6,392.16 p.a. (estimated)
• Electricity (Alinta Energy): $11,136.60 p.a. (estimated)
• Gas (Alinta Gas): $1,536.20 p.a. (estimated)
Total Estimated Utilities: $19,064.96 p.a.
Statutory Outgoings
• City of Kalgoorlie-Boulder Council Rates: $9,951.36 p.a. (25/26)
• Insurance (estimate): $13,518.06 p.a.
Total Estimated Annual Outgoings
$42,534.38 p.a. (approx.)
A rare turnkey accommodation asset offering immediate operational flexibility, strong underlying demand fundamentals, and significant upside in one of Western Australia’s most resilient regional markets.
Enquire today for further details or to arrange an inspection.
Robert Gilmore – 0419 864 695 – [email protected]

Property features

  • Land area 2,024m2
  • Floor area 835m2

Cost breakdown

  • Council rates: $9,951 / year

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5033260