112 Coolibah Drive, Kununurra, WA 6743 sold on 07 August 2025 | OnTheHouse
 
SOLD
Sold on 07 Aug 2025 for $725,000

112 Coolibah Drive
Kununurra WA 6743

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 165m2
Land area: 221m2
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Sold By
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Brad Williams
Kimberley First National Real Estate
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Property Details for 112 Coolibah Dr, Kununurra

Building Type
Commercial
Year Built
1980
Floor Size
165m2
Land Size
221m2
Local Government
Wyndham-East Kimberley
Lot/Plan
557/P209291

Last Listing description (October 2025)

Positioned in a prime high-traffic location in the East Kimberley Tourist town of Kununurra, opposite the post office, water park and main recreation centre precinct, the building has a solid leasing history, with one 20-year lease to a multi-national company & a new 5 year (+ 5) lease from June 2025.Nearby businesses include the Kununurra Ice Creamery, Commonwealth Bank, IGA supermarket and the main town post office. Free parking is available at front and rear.LONG LEASE - SUBWAY RESTAURANTS - Leased from 2011 until 2026 plus options - Current rental $33,000 ex gst plus outgoings, annual rent reviews -104m2NEW LEASE - HYPE WEAR (Street-wear retailer) - Lease until June 2030 - Current rental $36,000 ex gst plus outgoings - 91m2With a combined rent currently around $69,000, solid leases in place and its maximum exposure location, this is a rare chance to acquire well located, high performing commercial investment in this vibrant and expanding regional town. Contact Brad Williams to express your interest.

Property History for 112 Coolibah Dr, Kununurra, WA 6743

A timeline of how this property has performed in the market
Last Sold
$725,000
07 Aug 2025
  • 07 Aug 2025
    Sold for $725,000
  • 27 Jun 2025
    Listed for Sale $725k @ 9.5% ROI on $69,000 p.a. rental income
  • 11 Nov 2023
    Listed for Sale $625,000
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About Kununurra 6743

The size of Kununurra is approximately 2173.9 square kilometres. It has 15 parks covering nearly 28.0% of total area. The population of Kununurra in 2016 was 5308 people. By 2021 the population was 5494 showing a population growth of 3.5% in the area during that time. The predominant age group in Kununurra is 30-39 years. Households in Kununurra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kununurra work in a professional occupation.In 2021, 31.50% of the homes in Kununurra were owner-occupied compared with 34.60% in 2016.

Kununurra has 2,830 properties. Over the last 5 years, Houses in Kununurra have seen a 79.73% increase in median value, while Units have seen a 64.50% increase. As at 30 November 2025:

  • The median value for Houses in Kununurra is $446,067 while the median value for Units is $352,471.
  • Houses have a median rent of $680 while Units have a median rent of $440.
There are currently 20 properties listed for sale, and no properties listed for rent in Kununurra on OnTheHouse. According to Cotality's data, 129 properties were sold in the past 12 months in Kununurra.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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