OFF MARKET

Resource Road
Gap Ridge WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10934m2
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Property Details for Lot 9 Resource Rd, Gap Ridge

Building Type
Commercial
Land Size
10934m2
Local Government
Karratha
Lot/Plan
9/P075062

Last Listing description (October 2018)

The BP Travel Centre portfolio comprises 4 regional travel centres located in the North West region of WA.
Karratha - Lot 9 Resource Road, Gap Ridge
Sale Offering: 55% Ownership

Port Hedland - Lot 331 Hematite Drive, Wedgefield
Sale Offering: 51% Ownership
Carnarvon - 1134 North West Coastal Highway, Brown Range
Sale Offering: 20% Ownership
Newman - 101 Great Northern Highway, Capricorn
Sale Offering: 20% Ownership
Investment Highlights:
- New 15 year leases to international tenant BP (plus options) with the potential for additional turnover rent
- Extensive capital improvements including fueling stations, roadhouses and convenience stores
- All travel centres are prominently positioned on major arterial roads and highways
- Part ownership in regional travel centre network with secure income stream and depreciation benefits
For further information, please contact the exclusive sales and marketing agents.
*Approx.

Property History for Lot 9 Resource Rd, Gap Ridge, WA 6714

A timeline of how this property has performed in the market
Last Sold
$4,235,000
04 Jul 2014
  • 30 Mar 2018
    Listed for Sale Not Disclosed
  • 04 Jul 2014
    Sold for $4,235,000
  • 18 Dec 2012
    Sold for $4,235,000

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About Gap Ridge 6714

The size of Gap Ridge is approximately 56.4 square kilometres. It has 1 park. The population of Gap Ridge in 2011 was 1,465 people. By 2016 the population was 83 showing a population decline of 94.3% in the area during that time. The predominant age group in Gap Ridge is 30-39 years. Households in Gap Ridge are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Gap Ridge work in a trades occupation. In 2011, 39.4% of the homes in Gap Ridge were owner-occupied compared with 85% in 2016..

Gap Ridge has 168 properties. Over the last 5 years, Houses in Gap Ridge have seen a 140.64% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gap Ridge is $826,733.
There are currently no properties listed for sale, and no properties listed for rent in Gap ridge on OnTheHouse. According to CoreLogic's data, 14 properties were sold in the past 12 months in Gap ridge.

Suburb Insights for Gap Ridge 6714

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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.