OFF MARKET

24 Woods Street
Chadwick WA 6450

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 422m2
Land area: 4048m2
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Property Details for 24 Woods St, Chadwick

Building Type
Commercial
Year Built
1968
Floor Size
422m2
Land Size
4048m2
Local Government
Esperance
Lot/Plan
105/P009741

Last Listing description (December 2020)

? Blue Chip Global tenant Metso Outotec.
? Annual Semi Gross Rental approx. $115,000 pa.
? New 3 year lease with Options (commenced August 2020).

? Potential 10%+ net return
? NLA: 1,308m2

Securely Leased Industrial Investment Blue Chip Global Engineering Tenant

A very well located 4,047m2 industrial property situated in Chadwick (Esperance) . New 3 year lease commenced in August 2020 (2 x 2 year options) to Global engineering giant Metso Outotec, reflecting an annual potential rental return of 10%+. Trading as DWP Systems, clients include Rio Tinto, BHP and Fortescue.

Improvements include a large quality 1,109m2 workshop complete with large gantries. Additional improvements include 89m2 air-conditioned offices and 110m2 of additional amenity. Very well established tenant that has been servicing the resources sector since the 1980s.

Esperance has a healthy diverse local economy servicing; Mining & Port, Agriculture and tourism.
Zoning: Light Industrial

Amazing secure rental return that is approx. "10x" more then you are currently getting on your bank savings!!!.

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Property History for 24 Woods St, Chadwick, WA 6450

A timeline of how this property has performed in the market
Last Sold
$1,050,000
11 Dec 2020
  • 11 Dec 2020
    Sold for $1,050,000
  • 23 Nov 2020
    Listed for Sale $1,100,000 GST N/A
  • 16 Sep 2020
    Listed for Sale $1,250,000 GST ex
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About Chadwick 6450

The size of Chadwick is approximately 7.7 square kilometres. It has 3 parks covering nearly 3% of total area. The population of Chadwick in 2011 was 176 people. By 2016 the population was 200 showing a population growth of 13.6% in the area during that time. The predominant age group in Chadwick is 60-69 years. Households in Chadwick are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Chadwick work in a labourer occupation. In 2011, 67.2% of the homes in Chadwick were owner-occupied compared with 64.6% in 2016..

Chadwick has 409 properties. Over the last 5 years, Houses in Chadwick have seen a 71.43% increase in median value. As at 31 August 2024:

  • The median value for Houses in Chadwick is $723,218.
There are currently 1 property listed for sale, and no properties listed for rent in Chadwick on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Chadwick.

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