10 Sandhill StreetWedgefield WA 6721
Property Details for 10 Sandhill St, Wedgefield
Last Listing description (October 2011)
DON'T LET THIS ONE GET AWAY!!
Ray white has been approved to sell this prime Wedgefield site at 10 Sandhill St. Boasting 12,000m2 with three street frontages providing exceptional access, the yard is perfectly placed for the port extensions. Included in the property is a 250m2 warehouse, 225m2 office, loading ramp, a 90m2 accommodation facility, ablution block plus a separate 30m2 ablution block.
The major tenant is Toll West which has entered into a 5 year lease with 2 x 5yr options on the property providing excellent returns and market rent increases at the end of the 5 yr term. The owners are relocating and reluctantly selling, however it presents a great opportunity for the investor.
Property History for 10 Sandhill St, Wedgefield, WA 6721
- 30 Aug 2024Sold for $4,200,000
- 25 Mar 2015Sold for $3,450,000
- 29 Sep 2011Sold for $2,900,000
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0About 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 31 October 2024:
- The median value for Houses in Wedgefield is $510,407 while the median value for Units is $338,469.
- Houses have a median rent of $3,000.
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