OFF MARKET

2875 Cowle Road
Karratha Industrial Estate WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1450m2
Land area: 3800m2
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Property Details for 2875 Cowle Rd, Karratha Industrial Estate

Building Type
Commercial
Year Built
1983
Floor Size
1450m2
Land Size
3800m2
Local Government
Karratha
Lot/Plan
2875/P184187

Last Listing description (December 2013)

SUPERBLY PRESENTED/ EXTENSIVE IMPROVEMENTS
Located in the heart of Karratha's industrial area this property features expansive workshop facilities, spacious offices and near new caretakers accommodation, and several additional outbuildings with improvements totalling approx. 1450m2 set on a 3800m2 site. Superbly presented, this property is sure to impress.
The huge 756m2 approx. high truss, clearspan, steel frame workshop offers drive through access, concrete floor, highbay lights throughout, roof insulation, extensive three phase power and access via one of three sliding doors which also provide excellent natural ventilation. Adjoining the front of the workshop is a large approx 175m2 awning providing an extensive additional undercover work area. Approximately 500m2 of concrete hardstand adjoins the workshop to the side and rear, with triple interceptor oil trapper facilities also provided, offering companies a wide range of flexible potential uses.

Caretaker accommodation is another standout feature, near new, offering five bedrooms, two bathrooms, in excellent condition, adjoining a spacious undercover outdoor patio/recreation area.
Adjoining the front of the workshop are enormous office facilities of approximately 200m2, both a large open plan area, plus an additional five private enclosed offices over two levels, kitchen facilities, his and hers ablutions, combined with several open mezzanine storage areas, all in immaculate condition.
Located at the rear of the workshop are several additional outbuildings and two near new transportable units which are also included in the sale.
For investors the long term benefits the improvements on this site can offer to attract tenants is significant. Expected to lease in the current market for $310,000 net, returns of 10% net are likely to be achievable.
Feature summary:
- Huge 756m2 approx. drive through workshop
- Three sliding door entry & 3 phase power
- Excellent natural ventilation properties
- 5 bed, 2 bath caretakers
- Expansive offices approx. 200m2 plus mezzanine storage
- 8 bay carpark adjoining offices
- 3800m2 site, over 500m2 concrete
- Low maintenance, superbly presented property
Site features include a wide concrete crossover entry off Cowle Road, and an 8 bay carpark adjoining the front of the office. The remainder of the site is finished in compact gravel & concrete. Level and fully fenced, the property is the perfect base for business requiring extensive workshop facilities in a super low maintenance package.
Contact Brett Philp at Crawford Realty Karratha on 0414666676
Whilst due care has been taken with the collection, calculation and estimation of all information contained within this advertisement, these figures & calculations are based on current market information only and are in no way a guarantee. Property markets are subject to change and as such any proposed property purchasers are always recommended to seek appropriate, independent advice to satisfy their decision to purchase any property at any time. Crawford Property Group or its' related entities do not offer financial, tax or legal advice and the content, figures and estimations featured within this advertisement should not be considered to be financial, tax or legal advice.

Property History for 2875 Cowle Rd, Karratha Industrial Estate, WA 6714

A timeline of how this property has performed in the market
Last Sold
$120,000
03 Sep 2002
  • 18 Nov 2013
    Listed for Sale $2,995,000
  • 03 Sep 2002
    Sold for $120,000
  • 25 Jan 1999
    Sold for $16,500

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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.

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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.