SOLD
Sold on 21 May 2024 for $785,000

4 Manganese Street
Wedgefield WA 6721

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 438m2
Land area: 2050m2
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Hedland First National Real Estate
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Property Details for 4 Manganese St, Wedgefield

Building Type
Commercial
Floor Size
438m2
Land Size
2050m2
Local Government
Port Hedland
Lot/Plan
5887/P218859

Last Listing description (August 2024)

Hedland First National are pleased to list this commercial property for sale. Located in the prime location on the corner of Manganese Street, Wedgefield this is a very rare opportunity to secure an established property with an existing long term tenant in place. Property features: - 2050sqm (approx.) Industrial Yard - Drive through corner lot. - 350 sqm (approx.) high quality built Workshop - 150 sqm (approx.) Offices, Kitchen and Storage Shed - Single Toilet and Disabled Toilet Facilities - Plenty of hardstand & secure yard- Fully fenced lot with double swing gate entries off Manganese St & Feldspar St.- Concrete crossovers at both entires - Tenanted to a well establish company - 3-year Gross Lease commenced 01/10/22, (outgoings payable by owner)- Further 3-year option commencing 01/10/25.- Current tenant has occupied the property since 2010Call Helen Farrell from HFN Real Estate on 0417 428 667 for more information

Property History for 4 Manganese St, Wedgefield, WA 6721

A timeline of how this property has performed in the market
Last Sold
$785,000
21 May 2024
  • 21 May 2024
    Sold for $785,000
  • 24 Jul 2023
    Listed for Sale UNDER OFFER
  • 13 Sep 2007
    Sold for $220,000
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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 471 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 30 November 2024:

  • The median value for Houses in Wedgefield is $504,153 while the median value for Units is $299,287.
  • Houses have a median rent of $3,000.
There are currently 4 properties listed for sale, and no properties listed for rent in Wedgefield on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Wedgefield.

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