FOR SALE
8.9% Net Return

13 Warambie Road
Karratha WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 318m2
Land area: 930m2
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8.9% net return in the centre of the economic power house of Australia

Fuelled by a thriving resources sector and high commodity prices, Karratha is the nation's powerhouse of economic growth since the turn of this century.
13 Warambie Road, Karratha is an opportunity for an investor to purchase a leased investment in Central Karratha; the economic powerhouse of Australia. The property generates strong income with future redevelopment potential.
For Sale as a going concern at $1,750,000 giving you 8.9% net return.
It is strategically located nearby the city's main residential and mixed use development being; Pelago East and Pelago West, offering tenants site exposure along Warambie Road.
• Karratha City Shopping Centre
• Karratha Medical Centre
• IBIS Styles Karratha
• Karratha Central Apartments
• Karratha International Hotel
Lease: Karratha Batteries Boats and Caravans
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Property Details for 13 Warambie Rd, Karratha

Building Type
Commercial
Floor Size
318m2
Land Size
930m2

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About Karratha 6714

The size of Karratha is approximately 0.5 square kilometres. The population of Karratha in 2011 was 176 people. By 2016 the population was 70 showing a population decline of 60.2% in the area during that time. The predominant age group in Karratha is 30-39 years. In general, people in Karratha work in a trades occupation..

Karratha has 457 properties.

    There are currently 8 properties listed for sale, and 6 properties listed for rent in Karratha on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Karratha.

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