32 Frinderstein Way, Pegs Creek is a 6 bedroom, 3 bathroom Townhouse with 1 parking spaces and was built in 1985. The property has a land size of 1112m2 and floor size of 243m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
What to love?A suite of three low maintenance, renovated 2-bedroom, 1-bathroom units that are all income producing. The property is currently set to produce over $60,000 worth of rental income in the next 12 months not to mention potential rent reviews in the coming 6 months.The complex itself is with rear secure parking with each unit featuring all the essentials for apartment style living including air conditioning to the living areas and bedrooms. Renovated to a high standard offering a seamless floor plan, the units include near new oven's and ample storage space to the kitchen.If you own a company and struggle with housing issues, why not secure a housing block to house your current staff. Perhaps, you are renting currently and can live in one unit and collect income off two other units.A vast amount of opportunity presents itself right in the center of Karratha.What to know?Unit 32a tenanted until the 30th July at $380.00 per week.Unit 32b tenanted until the 9th September at $425.00 per week.Unit 32c tenanted until the 12th September at $425.00 per week.Who to talk to?Contact Jordan James on 0458 193 869 for additional information on the buying process and property.
The size of Pegs Creek is approximately 4.5 square kilometres. There are 3 parks, covering nearly 1.5% of the total area. The population of Pegs Creek in 2016 was 1998 people. By 2021 the population was 2050 showing a population growth of 2.6% in the area during that time. The predominant age group in Pegs Creek is 30-39 years. Households in Pegs Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Pegs Creek work in a trades occupation.In 2021, 36.00% of the homes in Pegs Creek were owner-occupied compared with 23.50% in 2016.
Pegs Creek has 1,213 properties. Over the last 5 years, Houses in Pegs Creek have seen a 56.30% increase in median value, while Units have seen a 67.81% increase. As at 31 July 2026:
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