OFF MARKET

205 Woodbrook Road
Karratha Industrial Estate WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 470m2
Land area: 3599m2
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Property Details for 205 Woodbrook Rd, Karratha Industrial Estate

Building Type
Commercial
Year Built
2003
Floor Size
470m2
Land Size
3599m2
Local Government
Karratha
Lot/Plan
205/P023215

Last Listing description (July 2019)

North West Realty are pleased to offer this industrial property to the market for sale.
This industrial property combines 2 lots and has been leased by Coates Hire for the past 15 years. The tenant has just committed to a further 3 year lease on both lots and the properties are currently showing a 9.14% return across both lots. These lots must be sold together.
Lot 204 comprises 3617m2 land with workshop, offices and lunchroom Workshop 360m2 dual sliding door access to one side, sliding door access to rear of workshop wash bay at rear Office 115m2 comprising split air conditioning, conference room, reception area, lunch room with kitchen and male and female ablutions including disabled toilets and shower and storeroom. Customer parking to the front of the office area comprising 8 parking bays and secure cyclone mesh fencing surrounding the complex. Currently leased at $90,000 per annum + GST + outgoings, expiring on 30 April 2022.

Lot 205 comprises 3599 vacant laydown area. Currently leased at $36,175 per annum + GST + outgoings.

Property History for 205 Woodbrook Rd, Karratha Industrial Estate, WA 6714

A timeline of how this property has performed in the market
Last Sold
$650,000
16 Feb 2022
  • 16 Feb 2022
    Sold for $650,000
  • 27 Mar 2019
    Listed for Sale $1,380,000
  • 13 Oct 2004
    Sold for $550,000

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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 513 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 17.78% increase. As at 30 November 2024:

  • The median value for Houses in Karratha Industrial Estate is $155,455 while the median value for Units is $332,883.
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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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.