FOR SALE
$920,000

61/5-15 Sharpe Avenue
Karratha WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 204m2
Land area: 204m2
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Commercial Office Opportunity!

A fantastic opportunity for Buyers looking to get into the Karratha commercial market and enjoy the solid rental returns, or vacant possession is available at settlement so that you can operate your own business in a modern property.
This property is a corporate office, located on the first floor within the Karratha Village Business Centre, leased to a large corporation on a Periodic basis with possibility of further renewal, and offering an attractive 10% ROI (approx.).
The building offers secure sliding door access, lift, stairs, common ablution facilities all maintained by the strata. The complex is located in the heart of the city centre and provides ample parking on site for staff and client convenience.
The current office fitout consists of a waiting area, secure reception area, own internal bathrooms, kitchen/lunchroom, 6 individual offices, compactor storage area, printer/copier area and it's own external access stairwell from the outside of the building up to the offices. The first floor location also provides amazing views out over Nickol Bay!
For more information on outgoings and lease details contact Richard Naulls on 0438 852 444 or our office on 9185 2444

Property Details for 61/5-15 Sharpe Ave, Karratha

Building Type
Commercial
Floor Size
204m2
Land Size
204m2

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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 436 properties. Over the last 5 years, Houses in Karratha have seen a 21.46% increase in median value, while Units have seen a 168.53% increase. As at 31 October 2024:

  • The median value for Houses in Karratha is $394,720 while the median value for Units is $373,453.
  • Units have a median rent of $280.
There are currently 10 properties listed for sale, and 9 properties listed for rent in Karratha on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Karratha.

Suburb Insights for Karratha 6714

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Richard Naulls
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Ray White Karratha
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.