Key Insights
- Fully fitted hospitality premises rarely become available in Karratha's CBD.
- Existing commercial kitchens can reduce both fit-out costs and time to opening.
- Sharpe Avenue remains one of Karratha's key commercial and hospitality precincts.
- Local business confidence remains strong, with more than half of surveyed businesses reporting increased demand.
- The City of Karratha continues to invest in initiatives that support business growth and city centre activation.
Opening a hospitality business is exciting, but finding the right premises can be one of the biggest challenges.
For many operators, the cost and time involved in fitting out a commercial kitchen can delay opening and significantly increase upfront investment.
That's why a tenancy like 177/26 Sharpe Avenue, Pegs Creek really stands out.
Rather than starting with an empty shell, this tenancy already includes a commercial kitchen with stainless steel benches, deep fryers, exhaust systems and the added benefit of an existing liquor licence, allowing a new operator to focus more on launching their business than building one from scratch.
A Positive time for local business
Karratha continues to demonstrate encouraging business confidence.
According to the City of Karratha's latest Business Climate Scorecard, 55% of local businesses reported increased demand, while 46% experienced revenue growth. Even more encouraging, 70% intend to remain in Karratha for at least the next three years, reflecting confidence in the region's future.
That confidence supports demand for cafés, restaurants and hospitality venues that serve local workers, businesses and visitors.
Location matters
Positioned within the Pelago precinct on Sharpe Avenue, this property sits in one of Karratha's busiest commercial areas, surrounded by offices, accommodation, retail businesses and professional services.
The location also aligns with the City's long-term vision for the CBD. Through its Economic Development and Tourism Strategy and plans for The Quarter precinct, the City continues to invest in attracting business, tourism and greater city centre activity, creating a positive environment for hospitality businesses.
Why a fitted hospitality venue is so valuable
Hospitality fit-outs are among the most expensive commercial fit-outs to complete.
Commercial kitchens require specialist ventilation, plumbing, electrical infrastructure and food preparation facilities. Leasing a premises where much of that work has already been completed can reduce costs, minimise delays and make it easier to get your business operating sooner, particularly in a regional market where access to specialist trades can be more limited.
Flexible opportunities
Previously operating as a food venue, the premises could suit a variety of hospitality businesses, including:
- Café
- Restaurant
- Takeaway
- Small bar
- Specialty food operator
The City of Karratha also approved a change of use to include a Small Bar in 2025, providing additional flexibility for future operators.
Ready to hit the ground running
Well-located, fully fitted hospitality premises are uncommon in Karratha.
Combined with strong local business confidence, continued investment in the CBD and an established hospitality fit-out, 177/26 Sharpe Avenue presents an opportunity for operators looking to establish, relocate or expand their business with less time and expense than starting from scratch.
If you've been waiting for the right hospitality space in Karratha, this property is well worth considering.
Looking for Hospitality Space in Karratha?
Whether you're launching a new venture or expanding an existing business, I'd be happy to help you explore opportunities across Karratha and the wider Pilbara.
Jodie Faulkner
Commercial Sales & Leasing Executive
Realmark Commercial Pilbara
Disclaimer
The information contained in this article is provided for general information purposes only and should not be relied upon as financial, legal or business advice. While every effort has been made to ensure the information is accurate at the time of publication, market conditions and property availability may change. Readers should undertake their own enquiries and seek independent professional advice before making any commercial or property decisions.