Rarely available, this huge 7332m2 leasehold property offers companies in Wedgefield a unique opportunity to set up or expand operations with significantly lower than usual capital requirements. Offering caretaker accommodation approval, the site also offers a substantial company accommodation solution.
The site is fully fenced, level and cleared, with a 170m2 approx. concrete hardstand pad, substantial three phase power readily available on the site, and two double gate access points.
One unique biggest feature is the caretaker accommodation approval, with the leasehold buyer able to develop a caretaker residence on the site up to six bedrooms subject to council approval.
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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