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DESCRIPTION:Fully Leased | WALE By Income 7.07 Years | Fixed 3.5% Growth An
 nually\nCBRE 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 Portf
 olio Auction 188.\n\nThe property has the following investment highlights:
 \n+ Brand new 10 year net leases to 2036 plus options to 2041\n+ Leased to
  the WA Government Minister for Works\, occupied by the Department of Prim
 ary Industries and Regional Development (DPIRD) as well as Hunter Mechanic
 al and Ironman 4x4.\n+ Compounding fixed 3.5% annual rental increases prov
 iding strong rental growth\n+ Net lease - tenants are responsible for 100%
  of outgoings including council rates\, water rates\, insurance and land t
 ax\n+ Commanding a 1\,600sqm* internal site\, improved by a well-maintaine
 d 720sqm* commercial and retail facility\, with a prominent 40m* frontage 
 in the Pegs Creek commercial precinct\n+ Karratha: Western Australia's pow
 erhouse resource centre\, accommodating a resource project pipeline of $90
  billion (estimated) \n+ Net Income: $291\,132 pa* + GST\n\nTo be sold via
  Investment Portfolio Auction 188\n10:30am AEDT Melbourne time\, Wednesday
  28 October 2026\nCrown Casino Melbourne
DTEND:20261028T113000
DTSTAMP:20261001T004045Z
DTSTART:20261028T103000
LOCATION:Crown Casino - Horizon\, L29
SEQUENCE:0
SUMMARY:Auction: 17 Crane Circle\, Pegs Creek WA
UID:CRE-2021200711-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Fully Leased | WALE By Income 7.07 Ye
 ars | Fixed 3.5% Growth Annually <br/> CBRE is pleased to present Govt Min
 ister for Works\, Ironman 4x4 & Hunter Mechanical\, a premium quality high
  yield investment located at 17 Crane Circle\, Pegs Creek (Karratha) WA fo
 r sale via our Investment Portfolio Auction 188. <br/>  <br/> The property
  has the following investment highlights: <br/> + Brand new 10 year net le
 ases to 2036 plus options to 2041 <br/> + Leased to the WA Government Mini
 ster for Works\, occupied by the Department of Primary Industries and Regi
 onal Development (DPIRD) as well as Hunter Mechanical and Ironman 4x4. <br
 /> + Compounding fixed 3.5% annual rental increases providing strong renta
 l growth <br/> + Net lease - tenants are responsible for 100% of outgoings
  including council rates\, water rates\, insurance and land tax <br/> + Co
 mmanding a 1\,600sqm* internal site\, improved by a well-maintained 720sqm
 * commercial and retail facility\, with a prominent 40m* frontage in the P
 egs Creek commercial precinct <br/> + Karratha: Western Australia's powerh
 ouse resource centre\, accommodating a resource project pipeline of $90 bi
 llion (estimated)  <br/> + Net Income: $291\,132 pa* + GST <br/>  <br/> To
  be sold via Investment Portfolio Auction 188 <br/> 10:30am AEDT Melbourne
  time\, Wednesday 28 October 2026 <br/> Crown Casino Melbourne</P></body><
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