40/5-15 Sharpe Avenue, Karratha, WA 6714 sold on 04 April 2025 | OnTheHouse
SOLD
Sold on 04 Apr 2025 for $539,000

40/5-15 Sharpe Avenue
Karratha WA 6714

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 137m2
Land area: 163m2
Sold By
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Dave Rowe
Realmark Commercial Pilbara
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Property Details for 40/5-15 Sharpe Ave, Karratha

Building Type
Commercial
Year Built
2002
Floor Size
137m2
Land Size
163m2
Local Government
Karratha
Lot/Plan
40/S036427

Last Listing description (January 2026)

The Karratha Village is a tightly held commercial precinct in the heart of Karratha CBD, containing a mixture of retail and offices this tightly held precinct does not come to the sales market very often.

With parking surrounding the complex and pedestrian only access to the lush garden area in the center of the complex this is one of the well kept and best presented locations in the Karratha CBD.


This 137 m2 office / retail space offers a prime position with major frontage as you enter the Karratha Village and is situated directly opposite the busy two level Karratha Business Centre.

The site can be leased or owner occupied in it's entirety and offers an L shaped floorplan with two glass door entries leading in the property. With he benefit of two entry doors there is the ability to separate the space into two leases or use once side to owner occupy and lease the other side out.

With high profile glass frontages this commercial space is bright and has a spacious open feel and offers amazing potential for branding. The property also has the benefit of ducted air conditioning with kitchen and toilet facilities.

Other notable tenants in this complex are Westpac, Karratha Medical Centre, Ray White, 777 Pharmacy, Ngarluma Aboriginal Corporation and the Labor electorate office.

Offering endless opportunity the site is ideal for either an owner occupier to escape the rising rents of our commercial market or an investor looking for exceptional returns of over 10% and with the location and demand for this precinct we never have issues leasing properties in this complex.

There is also the opportunity to purchase unit 39 which is a fully fitted and equipped café which adjoins this unit. This would then offer multiple scenarios from an owner occupier or investment point of view.

With a booming resource sector and tightly held commercial market the future is bright for Karratha, now is the time to remove your business from climbing rents or lock in a modern long term investment that will provide positive cashflow for years to come.

For further information or inspections call Dave Rowe on 0400 313 566.


Being sold at the direction of the Liquidators of Bushlolly Enterprises Pty Ltd (In Liquidation).

Property History for 40/5-15 Sharpe Ave, Karratha, WA 6714

A timeline of how this property has performed in the market
Last Sold
$539,000
04 Apr 2025
  • 04 Apr 2025
    Sold for $539,000
  • 13 Mar 2025
    Listed for Sale Offers Above $475,000 plus GST
  • 09 Oct 2024
    Listed for Sale From $750,000 + GST
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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 60.33% increase. As at 31 January 2026:

  • The median value for Houses in Karratha is $542,041 while the median value for Units is $472,068.
  • Units have a median rent of $620.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Karratha on OnTheHouse. According to Cotality's data, 16 properties were sold in the past 12 months in Karratha.

Suburb Insights for Karratha 6714

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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.