Commercial Property - Western Australia - KAMBALDA WEST

Nothing is For Ever!!

Kambalda is the heart of the southern part of the Eastern Goldfields, surrounded as it is with substantial gold and nickel deposits. The Banksia shopping complex is a modern aluminium and glass fronted property comprising six shops of 100 m2 each three of which are leased and a central shop of 320 m2 with a retail warehouse of 680 m2 to its rear. The development sits of two lots each with its own title and a total land area of 4531 m2. The complex is in the middle of the commercial hub of Kambalda West and within walking distance of all the other commercial premises in the town. It has abundant customer and tenant parking.
Whilst the World is going through a difficult time flowing from the US sub prime debacle we believe the fundamentals as they relate to China, India, Asia generally, South America and Russia remain much the same as they were and that demand for minerals will remain high indefinitely. We expect to see some rationality returning to the market in 2009 which will be very positive for the City of Kalgoorlie Boulder and Kambalda so this large strategically placed property, which has a passing income of over $26,000 pa represents an excellent opportunity to secure a position at a rock bottom price, the asking price is $362.50 per m2 built with no allowance for land!

The Professionals - Fyson & Associates

155 Hannan St
KALGOORLIE 6430

Phone Agent

Office Phone: 08 9080 9200 Listing Agent/s:
Chris Fyson 0418 945 393

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Subject: Commercial Property - 18-22 SALMON GUMS RD KAMBALDA WEST, Property No. 5477087

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