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22 Manganese Street
Wedgefield WA 6721
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Sold on 18 Apr 2014

22 Manganese Street Wedgefield WA 6721

  • Factory, Warehouse & Industrial
  • 2,000 m²
  • Sold, $1,850,000

SOLD WITH ELIZA MEARNS!!!

Ideally located on Manganese Street in the heart of Port Hedland's primary industrial area, offered with a seller leaseback providing a 10.8% net return on a long term lease, this property with substantial office and workshop facilities is sure to impress.

Situated on a 2000m2 Industry zoned site, the substantial approximately 500m2 workshop is high truss and clearspan, boasting full height front sliding doors the entire length of the workshop and a rear sliding door providing excellent natural ventilation to the work area. Additional features include roof height of approximately 7m, structural I beam frame, highbay lights throughout and three phase power both inside and outside.

The site is level & fenced, completed in compact cracker dust in excellent well maintained condition, with access from Manganese Street through double gates over a truck suitable concrete driveway.

Office facilities are near new, featuring several large air conditioned office rooms, kitchen, bathroom and open plan meals/lunch area, as well as access for people with disabilities, all immaculately kept.

The seller is offering the property with a leaseback agreement in place to Northfleet Bus and Vehicle Hire, providing investors with 10.8% net returns and annual rent increases on a long term lease. Providing hire and mechanical services, the company has a long standing history of successful operation in the Northwest, with branches in Wedgefield Port Hedland, Newman, Karratha and Perth.

Alternatively, for owner occupiers, vacant possession can be made available. For owner occupier purchases requiring vacant possession, the sale price is plus GST. For investors, purchasing with a leaseback to the sellers, the sale price is GST free.

Feature summary:
- Seller leaseback with 10.8% net returns
- Annual increases & long term lease
- Workshop approx. 500m2
- Office, bathroom & kitchen facilities
- Site approx. 2000m2 with Industry zoning
- Excellent near new condition, immaculately kept
- Exciting long term investment in growth area

Workshop, office and site improvements are approximately five years old and in excellent condition. Presentation of the site is a credit to Northfleet, and a great reflection of their successful business operations.

For more information on this exciting investment opportunity, contact Crawford Realty's Commercial & Industrial Specialist Eliza Mearns on 0416 048 929.

Whilst due care has been taken with the collection, calculation and estimation of all information contained within this advertisement, these figures & calculations are based on current market information only and are in no way a guarantee. Property markets are subject to change and as such any proposed property purchasers are always recommended to seek appropriate, independent advice to satisfy their decision to purchase any property at any time. Crawford Property Group or its' related entities do not offer financial, tax or legal advice and the content, figures and estimations featured within this advertisement should not be considered to be financial, tax or legal advice.

Property Highlights

Date Sold18 Apr 2014
Sold Price$1,850,000
Floor AreaAsk Agent
Land Area2,000 m²
ParkingAsk Agent
Virtual TourView Tour
Property ID2011079727
Category
Last updated  24 Jul 2014
Map for 22 Manganese Street Wedgefield WA 6721

Property Highlights

Date Sold18 Apr 2014
Sold Price$1,850,000
Floor AreaAsk Agent
Land Area2,000 m²
ParkingAsk Agent
Virtual TourView Tour
Property ID2011079727
Category
Last updated  24 Jul 2014

Listed by

Crawford Realty
Call
08 91172100

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