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13 Warambie Road Karratha, WA 6714

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13 Warambie Road,
Karratha, WA 6714

Other

Price information

Sale

8.9% Net Return

Key property information

Land area

Floor area

Tenure type

Private inspections

to arrange a private inspection.

Map of 13 Warambie Road

Directions
  • Bus stops within 5 km of 13 Warambie Road, Karratha, WA 6714Distance
    Access Rd Frank Butler Center2.2 km
    Leisureplex Access Rd Karratha Leisureplex2.4 km
    Hospital Access Rd Nickol Bay Hospital3 km
    Rosemary Rd Pilbara Holiday Park3.7 km
    School Access Rd Tambrey Primary School4.4 km
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POWERED BY HERE ©

8.9% net return in the centre of the economic power house of Australia

Fuelled by a thriving resources sector and high commodity prices, Karratha is the nation's powerhouse of economic growth since the turn of this century.

13 Warambie Road, Karratha is an opportunity for an investor to purchase a leased investment in Central Karratha; the economic powerhouse of Australia. The property generates strong income with future redevelopment potential.

For Sale as a going concern at $1,750,000 giving you 8.9% net return.

It is strategically located nearby the city's main residential and mixed use development being; Pelago East and Pelago West, offering tenants site exposure along Warambie Road.

• Karratha City Shopping Centre
• Karratha Medical Centre
• IBIS Styles Karratha
• Karratha Central Apartments
• Karratha International Hotel

Lease: Karratha Batteries Boats and Caravans
NLA: 264sqm*
Commencement: Seven days prior to settlement date of the sale of the premises
Term: Five years
Optional term: Five years
Annual rent (net): $155,855pa plus GST and outgoings
Rental reviews: Fixed 3.5% review annually
Outgoings: All outgoings are payable by tenant

The property had two previously approved DA's for the construction of multiple dwellings. Details are available on request.

For further information or to arrange an inspection please contact:

Brett Wilkins
RWC WA
T: 08 6253 52...
M: 0478 611 1...
E: brett.wilkins@raywhite.com

Richard Naulls
Ray White Karratha
T: 08 9185 24...
M: 0438 852 4...
E: richard.naulls@raywhite.com

*approximately

Additional information

Property ID: 504571740Last Updated: 2 Oct 2024

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13 Warambie Road
Karratha, WA 6714
RWC - WA
12-14 The Esplanade
PERTH, WA 6000
Ray White - Karratha
Shop 4, Karratha Village, Sharpe Avenue
KARRATHA, WA 6714

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