OFF MARKET

7/43 Balmoral Rd
Karratha WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 86m2
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Property Details for 7/43 Balmoral Rd, Karratha

Building Type
Commercial
Land Size
86m2
Local Government
Karratha

Last Listing description (February 2024)

Offered for sale is this rare to the market office space locatedOn the corner of Balmoral rd and Karratha Terrace this prime Location advertises itself.Features:New six (5) year lease with a Blue Chip tenant showing an 8% return on investment with 4% yearly increasesTwo individual offices, Potential for threeSecretaries' area and counterPlenty of open-plan spaceBathroom facilitiesKitchenette 86sqm Floor AreaDon't miss this opportunity to own your own commercial investment propertyFor more information or an inspection call Shane Smith today!

Property History for 7/43 Balmoral Rd, Karratha, WA 6714

A timeline of how this property has performed in the market
  • 25 Jul 2023
    Listed for Sale $450,000+GST

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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.

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