Under Contract
87-89 Hannan Street, Kalgoorlie
$520,000
| Floor Area  800m²
| Land Area  590 m²
Multi-Tenanted Commercial Property | 10% ROI | High Exposure Main Street Location
Positioned in the heart of Kalgoorlie’s major commercial precinct, this property presents a rare and exceptional investment opportunity. This fully-tenanted commercial property offers strong cash flow, reliable tenants, and minimal upkeep — making it an ideal asset for savvy investors seeking secure, long-term returns.

Key Investment Highlights:

Diverse Tenant Mix – 4 Tenancies Across Retail, Services & Office
Total Net Income: $51,801.32 + GST p.a.
Outgoings: $20,740.2... Read more
Positioned in the heart of Kalgoorlie’s major commercial precinct, this property presents a rare and exceptional investment opportunity. This fully-tenanted commercial property offers strong cash flow, reliable tenants, and minimal upkeep — making it an ideal asset for savvy investors seeking secure, long-term returns.

Key Investment Highlights:

Diverse Tenant Mix – 4 Tenancies Across Retail, Services & Office
Total Net Income: $51,801.32 + GST p.a.
Outgoings: $20,740.20 + GST p.a. (Mostly recoverable via tenants)

Estimated Land Area: 800 sqm | Building Area: 590 sqm
Secure Staff Parking to Rear
Exceptional ROI: Approx. 10% at Asking Price
Low Maintenance, Easy-to-Manage Investment

High foot & vehicle traffic, excellent exposure, easy access for customers.

Tenancy summary:

1.Pink Sugar Crafts
• Rent: $7,636.32 + GST p.a.
• Term: Rolling (Commenced 01/12/2021)
• Rent Reviews: Market
• Outgoings: Nil – INC in rent.

2.Kyara Nominees
• Rent: $25,104.00 + GST + Outgoings p.a.
• Term: 3-Year Lease (Expires 20/08/2026)
• Rent Reviews: CPI (Next on 21/08/2025)
• Outgoings: $944.02 + GST per month

3.GK Hair & Co
• Rent: $17,061.00 + GST + Outgoings p.a.
• Term: Holding Over (Commenced 01/06/2023)
• Rent Reviews: CPI
• Outgoings: $361.40 + GST per month

4.First National Real Estate (Storage Use Only)
• Rent: $2,000.00 + GST p.a.
• Term: Rolling (Commenced 01/07/1999)
• Outgoings: Nil