Investment property on market in regional WA

A securely leased property in the business hub of Western Australia’s Kalgoorlie-Boulder is up for sale through private treaty. 

The 29 Boulder Road property is occupied by automotive parts specialist Covs Parts – a wholly owned subsidiary of ASX-listed GPC Asia Pacific Pty Ltd. 

The 3,019 sqm site includes a 1,630 sqm showroom/office building accommodating Covs Parts’ automotive showroom. 

The property is currently leased on a five year term, expiring in 2021. 

The listing agents are CBRE’s Richard Cash and Matthew Elliott.

“Located in close proximity to Hannan Street – Kalgoorlie-Boulder’s main thoroughfare – this property also offers development potential that will attract developer interest,” said Cash. 

Kalgoorlie-Boulder is Australia's largest Outback City with a population of more than 30,000 people.