SOLD
Sold on 08 Mar 2024 for $2,056,000

1 Peawah Street
Wedgefield WA 6721

Bedrooms: 4
Bathrooms: 4
Car spaces: 100
Floor area: 4m2
Land area: 11222m2
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Sold By
Anna Valentine
Perth Commercial Property Leederville
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Property Details for 1 Peawah St, Wedgefield

Building Type
Commercial
Floor Size
4m2
Land Size
11222m2
Local Government
Port Hedland
Lot/Plan
990/P210693

Last Listing description (March 2024)

SOLD BY ANNA VALENTINE.

Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale 1 Peawah Street, Wedgefield.

The property represents an 11,200m2 site improved with a circa early 1990's built office/caretakers residence and industrial workshop.

Improvements
Office 92 m2
Caretakers Residence 50 m2
Carport 36 m2
Workshop (Including Mezzanine) 229 m2
Canopy 177 m2

* all sizes approx

Office / Accomodation
- The office/caretakers residence provides an open plan office area and board room. Accommodation includes 2 bedrooms, bathroom, laundry, living area and kitchen.

Workshop
- The workshop provides clear span accommodation with service pit and mezzanine.
- Truss height of apprx 4.3m at min + 5.5m at max
- Access is via 2 sliding doors to the front and rear
- A canopy is attached with truss height arpx 4.8m

Further Features
- Perimeter fencing
- Service pit
- Washdown bay

Zoning
The property is zoned "Light Industry" under the Town of Port Hedland Local Planning Scheme No.7.

THE FINANCIALS
Sale Price
Offers over $1,850,000 + GST

Anna Valentine of Perth Commercial Property welcomes your enquiry.

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Property History for 1 Peawah St, Wedgefield, WA 6721

A timeline of how this property has performed in the market
Last Sold
$2,056,000
08 Mar 2024
Listed for Rent
$3.26k/w
13 Mar 2024
  • 08 Mar 2024
    Sold for $2,056,000
  • 28 Feb 2024
    Listed for Sale Contact Agent
  • 09 Jan 2024
    Listed for Rent $14,167 / week
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About Wedgefield 6721

The size of Wedgefield is approximately 18.1 square kilometres. The population of Wedgefield in 2011 was 621 people. By 2016 the population was 145 showing a population decline of 76.7% in the area during that time. The predominant age group in Wedgefield is 40-49 years. Households in Wedgefield are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wedgefield work in a trades occupation. In 2011, 39.9% of the homes in Wedgefield were owner-occupied compared with 27.3% in 2016..

Wedgefield has 473 properties. Over the last 5 years, Houses in Wedgefield have seen a -42.92% decrease in median value, while Units have seen a -82.91% decrease. As at 30 September 2024:

  • The median value for Houses in Wedgefield is $553,274 while the median value for Units is $318,916.
  • Houses have a median rent of $3,000.
There are currently 5 properties listed for sale, and 1 property listed for rent in Wedgefield on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Wedgefield.

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