SOLD
Sold on 20 Dec 2023 for $4,250,000

2534 Coolawanyah Road
Karratha Industrial Estate WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1631m2
Land area: 16050m2
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Property Details for 2534 Coolawanyah Rd, Karratha Industrial Estate

Building Type
Commercial
Year Built
1980
Floor Size
1631m2
Land Size
16050m2
Local Government
Karratha
Lot/Plan
2534/P214664

Last Listing description (October 2016)

CBRE are offering for sale this functional industrial property strategically located in Karratha's established Light Industrial Estate subject to a short term Lease. The property is ideally suited to either an owner occupier looking to utilise the existing improvements or an investor/developer looking to accommodate a tenant once the current Lease expires.
The property is available for sale via an 'Offers to Purchase' campaign.
The key characteristics of the property include, but are not linimted to:

- Located approx. 26km from Dampier Port, approx. 5km from Karratha town center and approx. 20km from Karratha Airport;
- Strategic land holding of 16,050sqm;
- Being sold subject to an Eighteen (18) month Lease plus options commencing from Settlement;
- 'Industry' zoning;
- 235sqm (approx.) combined frontage to Coolawanyah Road and Cowle Road;
- Improvements total 1,646sqm (approx.); and
- Low site coverage of 10% (approx.)
For sale by way of Offers to Purchas closing 4pm WST, 6 June 2013.
For further information please contact Warick Irving on 0413 863 335.

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Property History for 2534 Coolawanyah Rd, Karratha Industrial Estate, WA 6714

A timeline of how this property has performed in the market
Last Sold
$4,250,000
20 Dec 2023
  • 20 Dec 2023
    Sold for $4,250,000
  • 05 Oct 2016
    Listed for Sale Offers to Purchase
  • 29 Jan 2015
    Sold for $4,800,000
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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 51.86% increase. As at 30 September 2024:

  • The median value for Houses in Karratha Industrial Estate is $155,455 while the median value for Units is $412,491.
There are currently 2 properties listed for sale, and 4 properties listed for rent in Karratha industrial estate on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Karratha industrial estate.

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