SOLD
Sold on 17 Apr 2024 for $990,000

12 Pinnacles Street
Wedgefield WA 6721

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 3m2
Land area: 3915m2
Sold By
Eliza Mearns
Realmark Commercial Pilbara
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Property Details for 12 Pinnacles St, Wedgefield

Building Type
Commercial
Floor Size
3m2
Land Size
3915m2
Local Government
Port Hedland
Lot/Plan
1021/P210693

Last Listing description (September 2024)

In the heart of Wedgefield - Port Hedland's primary industrial area - this combination workshop, office and caretakers' accommodation totaling approximately 440m2 under roof, is positioned on a generous 3915m2, rectangular site and provides for a wide range of potential uses.The building's location leaves an expansive space for large equipment, storage and maneuverability over the balance of the site. Two sets of double gates to Pinnacles Street provide horseshoe drive around access. The site also features a rear positioned 300m2 approx. concrete slab, previously used for a dome shelter.Current, significant renovations works are being undertaken and more being considered by the landlord, which could potentially be customised to suit, for the right tenant.Feature summary:* Level 3915m2 rectangular site* 2x double gates to Pinnacles St* Workshop with two internal offices* 4 bedroom, 2 bathroom caretakers* 440m2 approx. total building area* 300m2 approx. concrete slab* Expansive, wide open yard* Landlord willing to renovateFor more information, contact Realmark Commercial Pilbara's Commercial and Industrial Specialist Eliza Mearns on 0416 048 929 today.

Property History for 12 Pinnacles St, Wedgefield, WA 6721

A timeline of how this property has performed in the market
Last Sold
$990,000
17 Apr 2024
Listed for Rent
14 Feb 2018
  • 23 Jul 2024
    Listed for Rent $95,880 / year
  • 17 Apr 2024
    Sold for $990,000
  • 31 May 2023
    Listed for Sale $980,000 plus gst
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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 481 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 August 2024:

  • The median value for Houses in Wedgefield is $2,815,094 while the median value for Units is $310,149.
  • Houses have a median rent of $1,509.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Wedgefield on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Wedgefield.

Suburb Insights for Wedgefield 6721

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.