OFF MARKET

8 Ridley Street
Wedgefield WA 6721

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2346m2
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Property Details for 8 Ridley St, Wedgefield

Building Type
Commercial
Land Size
2346m2
Local Government
Port Hedland
Lot/Plan
5279/P184309

Last Listing description (November 2021)

Located in the commercial and industrial hub of Wedgefield this property is in prime location with excellent road frontage and plenty of parking at the front, for staff or customers. The property offers a multitude of business opportunities.The property comprises of 2346sqm (approx.) yard with reception area, office, workshop with new roof and three-bedroom accommodation, complete with rear hardstand and open-air carport with water and power. The buildings are located to the side of the property allowing good side access. The current owners have made a start on renovations with a new workshop roof and some flooring, the property is ready for you to make your mark on it. Property features:- 2346 sqm (approx.) land- Fully fenced- 200 sqm (approx.) workshop with new roof, 3.3m door height- Office including reception and two offices, new lino flooring- Large tiled workshop office with air-conditioning and service counter- Storeroom- Open air carport with water and power- Fully airconditioned 3-bedroom accommodation, two with built ins- Rear laydownCurrently leased until 31st January 2022, however vacant possession is available on settlementWith rising rents, now is the time to secure a wise investment.Contact Melleny Ams on 0417 428 667 to arrange a viewing or to discuss.

Property History for 8 Ridley St, Wedgefield, WA 6721

A timeline of how this property has performed in the market
Last Sold
$605,000
13 Sep 2021
Listed for Rent
$405/w
23 Oct 2021
  • 13 Sep 2021
    Sold for $605,000
  • 25 Aug 2021
    Listed for Sale UNDER CONTRACT
  • 27 Jul 2021
    Listed for Rent $20,160 / month
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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.

Suburb Insights for Wedgefield 6721

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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.