SOLD
Sold on 21 Dec 2023 for $615,000

1497 Lambert Road
Karratha Industrial Estate WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4376m2
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Property Details for 1497 Lambert Rd, Karratha Industrial Estate

Building Type
Land
Land Size
4376m2
Local Government
Karratha
Lot/Plan
1497/P213939

Last Listing description (April 2024)

An exceptional chance awaits you to acquire this expansive 4,376m2 vacant parcel nestled within the highly coveted Karratha Industrial Estate. Karratha, a thriving city situated in the heart of the Pilbara Region, stands as one of the most prominent and rapidly expanding regions in the North.This property boasts an 'Industrial' zoning classification under the City of Karratha's Town Planning Scheme 8. Prospective buyers are strongly encouraged to conduct their independent due diligence inquiries with the City of Karratha regarding land utilisation and future development prospects. Don't miss the opportunity to make your mark in this dynamic and growing industrial landscape.Location Highlights:- Strategic Position: This vacant lot is strategically located in the highly sought-after Karratha Industrial Estate, offering convenient access to key transportation routes and infrastructure.- Pilbara Growth: Karratha, as part of the Pilbara Region, is renowned for its robust economic growth, making it a hotspot for industrial development and investment.- Infrastructure: The property is well-connected to transport links, and support services, ensuring ease of operation for potential businesses.Zoning and Potential:- Industrial Zoning: The land is zoned 'Industrial' under the City of Karratha's Town Planning Scheme 8, providing flexibility & potential for a wide range of industrial and commercial applications.- Development Opportunities: Prospective buyers can explore a variety of development options, including manufacturing facilities, warehouses, logistics centres, and more.Due Diligence:-City of Karratha: Interested parties are strongly encouraged to liaise with the City of Karratha for comprehensive information on land usage regulations, permitting, and development guidelines.Why Invest:- Limited Supply: Opportunities to secure sizable industrial land parcels in this prime location are limited, making this offering highly attractive for investors and developers.- Rapid Growth: The Pilbara Region's exponential growth and economic prosperity make this property an ideal investment for long-term gains.- Diversified Industries: Karratha's diverse industrial landscape caters to various sectors, ensuring a wide range of potential tenants and clients.Don't Miss Out:This is your chance to be part of the thriving Karratha industrial community. Act now to secure this prime industrial land, unlock its potential, and capitalize on the growth of this dynamic region.For inquiries and expressions of interest, please contact Debbie Kay on 0488 771 611 or via email at debbie.kay@kfnr.com.auDisclaimer: First National Real Estate Karratha takes every effort to ensure the information provided on this property is deemed to be correct, it cannot be guaranteed. Measurements quoted are approximations and are not guaranteed with the approved floor plan. Reference to a location feature does not guarantee availability of that particular feature. Prospective buyers should make their own enquiries as to the reliance in the accuracy on this information in making their purchasing decision. Further enquiries are welcome on 9144 2200.

Property History for 1497 Lambert Rd, Karratha Industrial Estate, WA 6714

A timeline of how this property has performed in the market
Last Sold
$615,000
21 Dec 2023
  • 21 Dec 2023
    Sold for $615,000
  • 29 Sep 2023
    Listed for Sale Under Offer

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About Karratha Industrial Estate 6714

The size of Karratha Industrial Estate is approximately 11.8 square kilometres. The population of Karratha Industrial Estate in 2011 was 506 people. By 2016 the population was 198 showing a population decline of 60.9% in the area during that time. The predominant age group in Karratha Industrial Estate is 30-39 years. Households in Karratha Industrial Estate are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Karratha Industrial Estate work in a trades occupation. In 2006, 12.5% of the homes in Karratha Industrial Estate were owner-occupied compared with 34.4% in 2011..

Karratha Industrial Estate has 512 properties. Over the last 5 years, Houses in Karratha Industrial Estate have seen a -46.44% decrease in median value, while Units have seen a 53.01% increase. As at 31 October 2024:

  • The median value for Houses in Karratha Industrial Estate is $155,455 while the median value for Units is $392,497.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Karratha industrial estate on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Karratha industrial estate.

Suburb Insights for Karratha Industrial Estate 6714

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Contact agent
Debbie Kay
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First National Real Estate 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.