2 Taaffee StreetWedgefield WA 6721
Property Details for 2 Taaffee St, Wedgefield
Last Listing description (December 2023)
Burgess Rawson are pleased to present to the market For Sale by Offers Invited, 2 & 4 Taaffee Street, Wedgefield, Port Hedland. Wedgefield is an industrial area located in Port Hedland, containing a broad variety of industrial premises, principally servicing the local mining industry. Site DetailsThe total land area is 16,788sqm* which comprises two freehold lots being:+ Lot 1 8,290sqm*+ Lot 1028 - 8,498sqm*Key Features:+ 5 year Lease expiring 29 November 2027 - Guaranteed by Emeco Holdings Limited+ Operated, occupied and expanded by the same company for over 15 years + Existing Tenant has taken up their 5 Year Option with 5 year Option available+ High quality main Office/Workshop of 1,850sqm* with 2 x 15 tonne gantry cranes+ Original Workshop with 1 x 10 tonne crane + Truss height of approximately 14 metres in the main workshop+ Net Income: $675,000pa+ Annual CPI Reviews Further Improvements including:+ Emergency diesel self powered firefighting system with approx 30,000 litre water tank capacity+ Caretaker and separate accommodation available+ Washbay with 2,500lph VSG water treatment system+ Onsite transportables+ Sandblast facility with dust extraction system+ Paint facility with paint extraction system Asking PriceOffers Invited, closing Wednesday 23 August 2023 @ 4pm For further information or to arrange an inspection, please contact the Selling Agent *Approx
Property History for 2 Taaffee St, Wedgefield, WA 6721
- 15 Sep 2023Sold for $7,350,000
- 19 Jul 2023Listed for Sale Price on Application
- 24 Apr 2007Sold for $968,000
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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 468 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 January 2025:
- The median value for Houses in Wedgefield is $1,161,852 while the median value for Units is $346,444.
- Houses have a median rent of $3,000.
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