Lot 183 & 184, 26 Sharpe Avenue, Karratha Western Australia are adjoining commercial strata units contained within a large-scale mixed-use development known as Pelago East constructed in 2013. Pelago East comprises of 174 apartments and 14 commercial units and is across the road to Pelago West, being part of the same development project, which comprises of 114 apartments and 8 commercial units completed in 2012. The two developments are now the centre of the Karratha town centre and are two prominent buildings presenting very well.
| Sales Analysis | |
| Sale Price | $1,500,000 |
| Sale Date | Feb 2023 |
| NLA Area | 225sqm |
| Yield – passing | 7.02% |
| Price/NLA | $6,666/m2 |
| Vendor | Finbar |
| Purchaser | Private |
| Sales Process | Private Treaty |
One of Western Australia’s most exclusive coastal tourism opportunities has come to market. A 2.79 hectare development site in Coral Bay is for sale, boasting never-occupied accommodation and significant future development. Located at 16 Robinson Street, the landholding occupies among the most elevated positions in Coral Bay, offering uninterrupted views over Bills Bay, where the … […]
The Western Australian commercial property market continues to demonstrate superior resilience and growth potential compared to eastern state benchmarks, backed by steady economic performance, sustained population growth, and tight market conditions across major sectors. Speaking on the latest edition of RWC’s Between the Lines Live podcast, RWC WA Director of Capital Transactions Brett Wilkins and Ray White … […]