High returning brand new workshop offering discerning investors a great location, superb quality asset, secured with a strong tenant on a 3.5 + 3 year lease and offering excellent tax depreciation. This property offers a fantastic place to park your cash for a strong and stable return, significantly above bank rates.
One of a kind, this enormous office & workshop premises has been built to an exceptionally high standard and is perfect for a large company with extensive workspace and storage requirements. Offering huge office and storage, mezzanine, expansive clear span workshop, drive through access, reinforced concrete site, it's built to impress.
The workshop features drive through access with three automatic entry doors plus an additional side located sliding door. Three phase power is provided and high bay lights fitted throughout.
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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