OFF MARKET

21 Manganese Street
Wedgefield WA 6721

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1000m2
Land area: 8001m2
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Property Details for 21 Manganese St, Wedgefield

Building Type
Commercial
Year Built
2010
Floor Size
1000m2
Land Size
8001m2
Local Government
Port Hedland
Lot/Plan
5880/P218859

Last Listing description (March 2023)

Hedland First National are pleased to offer this superb, highly sort after industrial property for sale. Located in the thriving commercial hub of Wedgefield, this is a very rare opportunity to secure an established property with a global tenant. Port Hedland is the largest bulk handling port in the world and a major contributor to the Western Australian and Australian economy. Located approximately 1,800km north of Perth, the town is heavily dependent on the transport industry and very rarely do we see properties like these offered for sale. The property is situated on Manganese Street with drive through/dual access to Pinnacles, this huge fully fenced transport approved 8000sqm yard comprises of a hi-bay workshop, office with lunchroom & amenities, drive through dome with service pit and good quality hardstand. Property features: - 8000sqm (approx.) yard - Dual access - Manganese and Pinnacles Streets - Transport approved - Fully Fenced - 400 sqm (approx.) Hi-bay workshop with separate toilet - 90sqm (approx.) open office with separate lunch room, male and female toilets - Drive through dome with service pit - Cracker dust hardstand (with sealant to minimise dust) - Tenanted to International Logistics/Mine Services Company - New 2-year lease with options, outgoings payable by tenant - Current tenant has occupied the property for over 4 years Contact Melleny Ams 0417 428 667 for further information on this unique opportunity

Property History for 21 Manganese St, Wedgefield, WA 6721

A timeline of how this property has performed in the market
Last Sold
$2,800,000
05 Dec 2022
Listed for Rent
$4.60k/w
08 Sep 2017
  • 05 Dec 2022
    Sold for $2,800,000
  • 18 Mar 2022
    Listed for Rent $228,000 / year
  • 17 Mar 2022
    Listed for Sale $2,900,000 as a going concern
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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.

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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.