This property is positioned in the heart of Wedgefield, complete with small workshop, garden shed, office on entry to residence and a large caretakers accommodation. 27 Ridley Street also offers plenty of storage space for vehicles and equipment at an affordable price. Property is currently leased on a one year lease, available for your business to owner occupy on expiry of lease.This property is located on a 1124m2 block which is completely fenced with a good yard. Property features:- 1124m2 Industrial Yard- Large 3 Bedroom Caretakers Residence- Office - Small Workshop & Garden Shed- Vacant Possession available from Feb 2025- Been sold in AS IS condition as a going concern.The assignment of the lease to the buyer will occur on settlement of the property. To arrange an inspection or for further details on the current lease agreement, Please call Helen on 0417 428 667 to discuss this opportunity further .
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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