Under Contract
219 Dugan Street, Kalgoorlie
$1,900,000
| Floor Area  1,920m²
| Land Area  3,506 m²
219-225 Dugan Street, Kalgoorlie, represents an exceptional investment opportunity, with a prime location and strong leasing arrangements. Here are the key details:
•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
oRent: $52,196.28 PA + GST & Outgoings
oLease Term: Until 31st July 2026
oCPI Increase: 31st July 2025

2.Mud Lodgic
oRent: $61,521.36 PA + GST & Outgoings
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•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
oRent: $52,196.28 PA + GST & Outgoings
oLease Term: Until 31st July 2026
oCPI Increase: 31st July 2025

2.Mud Lodgic
oRent: $61,521.36 PA + GST & Outgoings
oLease Term: Until 31st January 2026, with an additional three-year option starting 1st February 2026
oCPI Increase: 1st February 2027 and 1st February 2028
oMarket Rent Review: Upon commencement of option period

3.Kurt & Natalie Trust
oRent: $81,892.80 PA + GST & Outgoings
oLease Term: Until 1st July 2027, with two 2-year options to follow
oMarket 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.