38 Karratha Terrace, Karratha, WA 6714 | Property Value & History | OnTheHouse
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38 Karratha Terrace
Karratha WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 325m2
Land area: 799m2
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Property Details for 38 Karratha Tce, Karratha

Building Type
Commercial
Year Built
1987
Floor Size
325m2
Land Size
799m2
Local Government
Karratha
Lot/Plan
1981/P213417

Last Listing description (November 2025)

Mark Hayes of Nearwater Real Estate is pleased to present Karratha Tyres, a well-established tyre retail and service business with 21 years of successful operation under current ownership. Located in the prime Karratha CBD, just a 2-minute walk from the main shopping centre, this business has built a strong reputation for quality service and reliability.

BUSINESS OVERVIEW

Operating from a prime, high-visibility location with excellent street exposure, this full-service business offers comprehensive tyre sales and mechanical services for passenger vehicles, 4WDs, trucks, and light commercial vehicles. Originally established in the early 1980s as Tom's Tyres, the business moved to its current CBD location in 1987 and has evolved into an independent operation since 2018, providing greater autonomy and pricing flexibility.

KEY FEATURES
Products & Services:

• Tyres, wheels, and batteries for all vehicle types
• Wheel alignments using Servex LX300 laser alignment system
• Book servicing and minor mechanical work
• Exhaust systems and accessories
• Brakes, suspension, bushes, and tie-rod ends

Premises & Facilities:

• Land Area: 799m² with 325m² building area
• Owned freestanding premises (no third-party head lease)
• Brick construction with 7 roller doors
• 5 operational bays with potential for 6 bays (includes 2 tyre changing bays)
• 4 hoists: 1 belly scissor, 1 two-post, 1 Molnar alignment hoist, 1 Bendpak hoist
• Office, 2 toilets, crib room, shower
• Two upstairs storage areas with high ceilings
• On-site tyre storage with 3-tier racking system
• Additional storage potential at Light Industrial Area (7 minutes away)
• Smooth low curbing with ample parking for vans, trailers, trucks, and lowered vehicles
• Excellent workshop orientation for easy access and airflow
• Council Rates: Approx. $7,282.56 pa
• Water Rates: Approx. $2,238.03 pa

Equipment & Assets:

• Servex LX300 laser wheel alignment system and cabinet
• 4 vehicle hoists (various capacities up to 5.5 tonnes)
• 60 cfm pilot air compressor
• Bendpak exhaust bender
• 2 balance machines
• 2 turntable tyre fitting machines
• 40-70 tyre fitting machines (2 units)
• Bead blaster
• Pallet and tyre racking
• Jacking beam and jacks

Supplier Relationships:

• Tyres: Yokohama, Bridgestone, Michelin, Kumho, Hankook, Tyres 4U/Exclusive, Tyreconnect, Tyremax
• Wheels: Mullins, Speedy, ROH, Wheels n More, Dynamic Wheel Co
• Parts: Repco, Auto One, Napa, PMG, MPI, Mercury Exhaust, Statewide Bearings

Customer Base:

• Local businesses and account customers
• Walk-in retail customers
• Fleet work (Budget 4WD, Water Corporation, and others)
• Indigenous royalty payment work
• Tourists and passing traffic
• High Google rating and positive customer feedback

Staffing:

• Current team: 1 full-time tyre fitter and 1 part-time tyre fitter
• Historically operated with 4-6 staff
• History of long-term staff retention (3 employees over 13+ years)
• One month handover training provided


Business Strengths:

• 21 years under current ownership with proven track record
• Prime CBD location with high passing traffic
• Owned premises providing flexibility and no lease constraints
• Quality equipment and modern facilities
• Established supplier and customer relationships
• Strong potential for mechanical service expansion

GROWTH OPPORTUNITIES
Significant potential exists to increase mechanical workmanship and servicing, particularly:

• Front-end mechanical and brake work from wheel alignment inspections
• Mobile call-out services
• Expanded book servicing
• Meeting high local demand for mechanical services in this mining-serviced town

ENQUIRIES
This is a rare opportunity to acquire an established business with owned premises in Karratha's prime CBD location. With strong fundamentals, quality equipment, and significant growth potential, this turnkey operation is ready for a motivated operator.

Contact Mark Hayes | Nearwater Real Estate | 0473 854 775

DISCLAIMER: While we prepare this information to the best of our knowledge, interested parties should conduct their own independent inquiries and due diligence to verify all details including financial performance, lease terms, business operations, and equipment condition before making any purchase decision.

Property History for 38 Karratha Tce, Karratha, WA 6714

A timeline of how this property has performed in the market
Last Sold
$507,500
12 Nov 2003
  • 07 Nov 2025
    Listed for Sale Price on Application
  • 12 Nov 2003
    Sold for $507,500
  • 06 Nov 1992
    Sold for $190,000
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About Karratha 6714

The size of Karratha is approximately 0.5 square kilometres. The population of Karratha in 2016 was 81 people. By 2021 the population was 98 showing a population growth of 21.0% in the area during that time. The predominant age group in Karratha is 20-29 years. Households in Karratha are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Karratha work in a professional occupation.In 2021, 0.00% of the homes in Karratha were owner-occupied compared with 0.00% in 2016.

Karratha has 434 properties. Over the last 5 years, Houses in Karratha have seen a 21.46% increase in median value, while Units have seen a 81.92% increase. As at 31 December 2025:

  • The median value for Houses in Karratha is $516,165 while the median value for Units is $470,782.
  • Units have a median rent of $635.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Karratha on OnTheHouse. According to Cotality's data, 18 properties were sold in the past 12 months in Karratha.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.