OFF MARKET

18 Pinnacles Street
Wedgefield WA 6721

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3916m2
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Property Details for 18 Pinnacles St, Wedgefield

Building Type
Commercial
Land Size
3916m2
Local Government
Port Hedland
Lot/Plan
1023/P210693

Last Listing description (January 2022)

Looking for a quality investment in Wedgefield, the industrial heart of Port Hedland , with a recent Lease for 2 years + 2 year option this is able to show a minimum of 8% ROI.

This fully fenced 3916m2 (more or less) block is well laid out for various industrial options. Excellent access with a clear span 200m2 (more or less) colourbond workshop, with full sized side and rear roller doors. Three Phase power, and room for a gantry crane, which the owner could provide for a long term lease.

Open plan main office with air conditioning, and good quality flooring, with 3 separate offices and a kitchenette, makes this very multi functional. Separate crib room and male/female/unisex toilets, with air conditioning, makes this an excellent break room.

Onsite accommodation offers a recently renovated 3 bedroom house with open plan living. Bedrooms all have built in robes, and fully air conditioned.

Contact Lisa Jones to view 0407 196 689 lisa.jones@crawfordrealty.com.au

Disclaimer:
Crawford Realty makes every effort to ensure the information provided on this property is deemed to be correct at the time of publishing. Prospective buyers should view the property before making their decision.

Property History for 18 Pinnacles St, Wedgefield, WA 6721

A timeline of how this property has performed in the market
Last Sold
$1,150,000
05 Dec 2021
Listed for Rent
$2.07k/w
17 Sep 2021
  • 05 Dec 2021
    Sold for $1,150,000
  • 15 Jun 2021
    Listed for Sale $1,300,000 + GST
  • 10 Jun 2021
    Listed for Rent $113,400 / month
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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 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.
There are currently 5 properties listed for sale, and 1 property listed for rent in Wedgefield on OnTheHouse. According to CoreLogic's data, 21 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.