Back 122/26 Sharpe Avenue
Off Market

122/26 Sharpe Avenue

Pegs Creek WA 6714

3
2
2
101 m²
156 m²
Apartment
Last sold for $745,000
Adam LeneganAdam Lenegan, last sold this property on 02 December 2025 after 46 days on market.

Overview

Prime Investment Opportunity in Pegs Creek

Discover an exceptional investment opportunity with this modern apartment on Sharpe Avenue, in the heart of Karratha. Specifically tailored for savvy investors, this property is leased to a government client until October 2027, offering a stable and secure rental income for years to come. With three spacious bedrooms and two well-appointed bathrooms, the apartment is designed to provide both comfort and practicality. Built in 2013, this contemporary apartment boasts a generous 107m2 living space. The thoughtful layout includes two garages, ensuring ample parking and storage solutions. Located in the heart of a vibrant community, Pegs Creek offers easy access to local amenities, parks, and recreational facilities, making it a desirable area for tenants seeking convenience and lifestyle. Features Include: - Air Conditioning - Built In Robes - Ceiling Fans - Gym - Pool - Inground - Unfurnished - Balcony - Split System Aircon This is an unmissable opportunity for investors looking to expand their portfolio with minimal effort. The existing lease ensures immediate returns without the hassle of finding tenants. Act quickly to secure this prime investment property and enjoy the benefits of a guaranteed rental income. Disclaimer: First National Real Estate Karratha takes every effort to ensure the information provided on this property is deemed to be correct, it cannot be guaranteed. Layout, Colour Schemes, Distances & Measurements quoted are approximations and are not guaranteed. Images shown are for advertising purposes only and may not represent the actual property layout, furnishings, or condition. Floorplans and configurations may vary. Reference to a location feature does not guarantee availability of that particular feature. All suggestions are subject to Council & other regulatory approvals. Prospective buyers should make their own enquiries as to the reliance in the accuracy of this information in making their purchasing decision. Further enquiries are welcome on 91442200.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
101 m² floor area
156 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Pegs Creek over the last 12 months, the estimated median property value of 122/26 Sharpe Avenue is $722.7k.

Median value
$722.7k
Estimated value range
$697.95k - $745k
Median days on market
54
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Pegs Creek. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 122/26 Sharpe Avenue

2025
Sold
$745,000
02 Dec 2025 by Adam Lenegan, of First National Real Estate Karratha

Happy sellers in Pegs Creek

94%
94% of sellers in Pegs Creek reported that their sale price either exceeded or met their price expectations.

Pegs Creek stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Pegs Creek over the last 12 months.

Local market activity for 3 bedroom apartments in Pegs Creek

In the last 12 months, 6 three-bedroom apartments similar to 122/26 Sharpe Avenue, have been sold.

This represents a 600% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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