Port Hedland is widely considered the engine room of the Australian economy, with the town being highly leveraged to the sustained iron ore / mining boom currently underway. As Australia's highest tonnage ports, this area forms the epicentre of BHP's, FMG's and Hancock Prospecting's key operations and provides exceptional investment potential.A substantial industrial facility of 1200m2 or workshop space sitting on an elevated site of approx 8335m2 with excellent drainage.The property includes air-conditioned clean rooms and offices, an ashphalt and cracker-dust hardstand and three phase power.The high bay shed is suitable for servicing of large machinery, trucks or for engineering, and the entire property is securely fenced and gated.Bullet points:Current lease term - 4 years with an additional option term of 4 yearsQuality tenant with an established company and track record Large, fenced and gated yardIncludes a home for workers and caretakers accommodation
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:
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