Superb Investment/ Strategic location
Superbly positioned, this commercial property offers long term growth with a national tenant or the option to occupy in the future.
With approximately 300m2 of tilt panel workshop and warehouse this property provides a professional face with nearly 5385m2 of lay down currently used in the logistics services industry.
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:
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