3/74 Egan StreetKalgoorlie WA 6430
Property Details for 3/74 Egan St, Kalgoorlie
Last Listing description (March 2016)
Take the opportunity to purchase this leased investment for your portfolio!!!
Zoned Central Business, this well presented Strata Titled office offers immediate income with current tenants WA Primary Health Alliance Ltd signing a new Lease as at 1 July 2015.
The modern well equipped suite offers two separate offices, a board room, a reception area, and shared ablutions and kitchen. There are also two undercover car park bays available at the rear of the premises, accessible via the lane-way.
- Leased to WA Primary Health Alliance Ltd until 30 June 2018
- Two x Two (2) year option terms
- Current rent is $25,200 per annum (Gross Lease)
- Rent reviews: Fixed 3.00% increase annually with Market at Option Term
- Approximately 11.00% net return
Statutory Outgoings (Unrecoverable from Tenant):
Council Rates 2014/2015 - $2,042.31 per annum (Anticipating a 3.50% rise for the 2015/2016 financial year)
Water Rates 2014/2015 - $222.00 per annum
Building Insurance 2014/2015 - $401.65inc GST per annum
Price to sell at a very fair $205,000 (Going Concern)
For more information and a viewing please contact Daniel Lavery on 08 9080 1900 or 0411174452.
Property History for 3/74 Egan St, Kalgoorlie, WA 6430
- 18 Nov 2015Sold for $195,000
- 16 Apr 2015Listed for Sale $205,000
- 15 Jul 2014Listed for Sale $205,000
Recent sales nearby
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0About Kalgoorlie 6430
The size of Kalgoorlie is approximately 3.9 square kilometres. There are 9 parks, covering nearly 18.0% of the total area. The population of Kalgoorlie in 2016 was 3901 people. By 2021 the population was 3711 showing a population decline of 4.9% in the area during that time. The predominant age group in Kalgoorlie is 20-29 years. Households in Kalgoorlie are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kalgoorlie work in a trades occupation.In 2021, 49.60% of the homes in Kalgoorlie were owner-occupied compared with 49.60% in 2016.
Kalgoorlie has 2,695 properties. Over the last 5 years, Houses in Kalgoorlie have seen a 65.21% increase in median value, while Units have seen a 108.98% increase. As at 30 September 2026:
- The median value for Houses in Kalgoorlie is $495,813 while the median value for Units is $381,383.
- Houses have a median rent of $750 while Units have a median rent of $600.
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