122 & 122a Piesse St Boulder
$498,000 @ 9.92% return on investment!
Built in 1900 this property started its long life as a hotel, general store and bakery with names such as Langan Bros store, the Criterion Hotel, Criterion Hostel, Criterion Flats, Gilbert & Hunter Bakers, Taaffee’s Bakery, Gleeson Bakers.
Now known as Caledonia House the property is currently licensed as a 15 room fully serviced boarding house complete with common kitchen, mens and ladies amenities, laundry, ducted air conditioning, garden shed, lock up parking and sweeping wide verandah to 2 sides of the main building. There is also a separate 3 bedroom managers house leased at $280 per week with its own lock up yard. Both buildings are located on a 1012sqm corner block with rear access.
If you are looking to add to your property portfolio or are a semi retiree looking for something to do and earn a little extra cash from, then this is the place for you.
Council Rates: $3,355.95 p.a.
Water Rates: $463.80 p.a.
City of Kalgoorlie-Boulder Place No.196, Reference No.A2648
For further details or to view contact
Julie Beccaria 0418 925 023 or 08 9021 2488
Gavin Gilmore 0418 934 696 or 08 9021 2488