



CBRE is pleased to present Govt Minister for Works, Ironman 4x4 & Hunter Mechanical, a premium quality high yield investment located at 17 Crane Circle, Pegs Creek (Karratha) WA for sale via our Investment Portfolio Auction 188. The property has the following investment highlights: + Brand new 10 year net leases to 2036 plus options to 2041 + Leased to the WA Government Minister for Works, occupied by the Department of Primary Industries and Regional Development (DPIRD) as well as Hunter Mechanical and Ironman 4x4. + Compounding fixed 3.5% annual rental increases providing strong rental growth + Net lease - tenants are responsible for 100% of outgoings including council rates, water rates, insurance and land tax + Commanding a 1,600sqm* internal site, improved by a well-maintained 720sqm* commercial and retail facility, with a prominent 40m* frontage in the Pegs Creek commercial precinct + Karratha: Western Australia's powerhouse resource centre, accommodating a resource project pipeline of $90 billion (estimated) + Net Income: $295,021 pa* + GST To be sold via Investment Portfolio Auction 188 10:30am AEDT Melbourne time, Wednesday 28 October 2026 Crown Casino Melbourne
Email enquiry to CBRE - WA
Property ID: 505245444
Original Property ID: 505245444