FOR SALE
$740,000, $840,000 & $2,450,000

23 & 26 Sharpe Avenue
Karratha WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 123m2
Land area: 123m2
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Commercial Investment

Lot 178, 179 & 180 at 26 Sharpe Avenue, Karratha presents an opportunity for investors to purchase leased hospitality investments in Central Karratha the economic powerhouse of Australia. They are three ground floor, commercial strata units contained within a large-scale mixed-use development known as Pelago East.
Offer No.1 is lot 178, 26 Sharpe Avenue
Asking price: $740,000 (Going Concern)
Tenant: Stadium 26
NLA: 110sqm + 27sqm alfresco
Commencement: 1 May 2023
Expiry: 11 December 2029
Annual Rent (Net) $51,700pa + GST
Rental Reviews: Fixed 3% review annually except for market review at commencement of further term
Outgoings: All outgoings are payable by tenant excluding property management
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Property Details for 23 & 26 Sharpe Ave, Karratha

Building Type
Commercial
Floor Size
123m2
Land Size
123m2

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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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