* High Turnover/Excellent Cash flow/Exceptional Profitability
* 67 single level self-contained chalets of 1 and 2 bedroom.
* 124 beds (Licensed for 144 persons) and 134 onsite vehicle parking bays.
* Community Hall (Cyclone Shelter), shared BBQ shelters and basketball courts.
* 16,137sqm site in the Light Industrial Area (LIA)
Located approximately 1500 kilometers north of Perth, Karratha is one of the largest and fastest growing localities in the North West of Australia. With the huge number of resource projects of the Pilbara, North West Shelf and Burrup Peninsula, the Pilbara is the powerhouse of the Australian economy and Karratha is the heart of this region.
With one of the countries busiest regional airports catering for some 800,000 passenger movements each year, Karratha is serviced by multiple daily services from Perth and direct flights from Melbourne, Brisbane and Sydney and is well on its way to achieving its vision of becoming a regional city with a diverse and healthy local community.
Key projects which will see Karratha and the Pilbara region continue to grow include:
* North West Shelf (Woodside).
* Woodside Pluto Project.
* Gorgon Project.
* Wheatstone Project.
* Rio Tinto Dampier Port .
* 16,137sqm site in the Light Industrial Area (LID)
Current projects are expected to create 22,000 construction jobs reinforcing the transient workforce accommodation requirements.
Contact Ryan McGinnity or David Kennedy at CBRE for more information.