CBRE is pleased to present Govt Minister for Works, Ironman 4×4 & 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 4×4.
+ 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