203-205 Boulder Road, Kalgoorlie- Commercial property of 5202 sq metres- 4 Separate titles- 2 Current leases- 1 potential leaseLEASE ONETenant – Ultratune Properties (Australia) Pty LtdLease -03/05/03 – 02/05/08Options – 5 years plus 5 yearsReviews – Annual CPI increases during termsOutgoings – Tenant pays all except Management FeesRent – $44808.84Land Area – 2298 sq metresLEASE TWOTenant – Kalgoorlie Body WorksLease – 01/06/06 – 30/05/11Option – 5 yearsReviews – Annual CPI increases during termsOutgoings – tenant pays all outgoingsRent – $33795.93Land area – 1727 sq metresLEASE THREE (POTENTIAL)- Currently inhabited by te property owner- 3 bedroom home, well maitained- Metal clad under cover area 150 square metres- Land area 1177 sq metres- Anticipated income Commercial $15600 pa- Anticipated income Residential $14040 paThere are Three commercial properties and a residence located on the subject lots.The improvements are located on the corner lot which occupies space from the Boulder Road frontage to Hewitt Street at the rear.The Ultratune building is currently located over two lots however: the balance of the improvements are located on individual lots.The location of the property is considered reasonable.The yard is bitumen paved.The improvements are located over two lots.