9 Munda WayWedgefield WA 6721
Property Details for 9 Munda Way, Wedgefield
Last Listing description (August 2021)
In a prime location, with extensive infrastructure in place, this well presented industrial property on a 4621m2 lot in
Wedgefield provides a great opportunity for you. A 600m2 (approx.) colour bond
industrial shed canopy including an office block will offer ample space together with the extensive
The property has cracker dust hardstand, a concrete dome shelter pad and is securely fenced.
In addition, there is a current tenant with a strong lease in place.
Port Hedland is widely considered the engine room of the Australian economy, with the town being highly leveraged to the sustained iron ore
/ mining boom currently underway. As Australia's highest tonnage ports, this area forms the epicentre of BHP's, FMG's and
Hancock Prospecting's key operations and provides exceptional investment potential.
Bullet points:
60m x 70m yard presents excellent layout for vehicle parking/turning
Large office block
Cracker dust hardstand and concrete dome shelter pad
Securely Fenced and Gated
Annual rent is $76,000 + GST + Outgoings and has a annual rent increase of 2% and additional 3 year option
Contact Richard today
Property History for 9 Munda Way, Wedgefield, WA 6721
- 31 Jul 2023Sold for $1,622,500
- 04 Mar 2021Listed for Sale $1,050,000
- 12 May 2017Listed for Rent $8,000 / year
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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.
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