OFF MARKET

500/5-7 Schillaman St
Wedgefield WA 6721

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 57800m2
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Property Details for 500/5-7 Schillaman St, Wedgefield

Building Type
Land
Land Size
57800m2
Local Government
Port Hedland

Last Listing description (February 2024)

Missed Out Last Time !

Another chance to consider this block - But be Quick !

Lot 500, 5-7 Schillaman St, Wedgefield is 5.78 Ha of vacant light industrial zoned land suitable for a wide range of uses. With dual access from Schillaman St and Anthill St, the Lot also stands to benefit from future proposed road upgrades in the area.

The Lot represents the largest individual parcel of industrial land advertised for sale in the Hedland area and is an excellent opportunity to acquire a significant landholding in the Wedgefield Industrial Area.

DESCRIPTION OF THE PROPERTY

- 5.78Ha Vacant Land
- Partially serviced with Horizon Power and Telstra / NBN connections
- Water connections are within the vicinity
- Two street frontages - Schillaman Street and Anthill Street
- Land Use - Light Industrial
- Currently - Vacant Land
- 12km from Port Hedland, 5km from South Hedland and 10km from the Boodarie Strategic Industrial Zone

Hedland First National is seeking Expressions of Interest. For a copy of the Information Memorandum contact HFN Commercial on 0417 428 667.

Parties submitting a EOI will be provided a draft copy of the intended contract for sale
by HFN.

Property History for 500/5-7 Schillaman St, Wedgefield, WA 6721

A timeline of how this property has performed in the market
  • 02 Apr 2023
    Listed for Sale UNDER OFFER

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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, 20 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.