OFF MARKET

18 Schillaman Street
Wedgefield WA 6721

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8536m2
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Property Details for 18 Schillaman St, Wedgefield

Building Type
Commercial
Land Size
8536m2
Local Government
Port Hedland
Lot/Plan
5781/P188923

Last Listing description (May 2021)

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

Property History for 18 Schillaman St, Wedgefield, WA 6721

A timeline of how this property has performed in the market
Last Sold
$1,450,000
18 Mar 2021
  • 04 May 2021
    Listed for Sale $1,500,000
  • 18 Mar 2021
    Sold for $1,450,000
  • 16 Feb 2021
    Listed for Sale $1,500,000
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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, 20 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.