B/4 Iron Ore, WEDGEFIELD WA 6721
$2,395,000 gst free
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- Industrial / Warehouse
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- 4 Feb 2017
10.9% RETURNS!! / $261,000 PA NET!! / NEAR NEW!!!!
High returning brand new workshop offering discerning investors a great location, superb quality asset, secured with a strong tenant on a 3.5 + 3 year lease and offering excellent tax depreciation. This property offers a fantastic place to park your cash for a strong and stable return, significantly above bank rates.
One of a kind, this enormous office & workshop premises has been built to an exceptionally high standard and is perfect for a large company with extensive workspace and storage requirements. Offering huge office and storage, mezzanine, expansive clear span workshop, drive through access, reinforced concrete site, it's built to impress.
The workshop features drive through access with three automatic entry doors plus an additional side located sliding door. Three phase power is provided and high bay lights fitted throughout.
Office facilities are just as impressive with construction in concrete tilt panel which offers excellent insulation in Port Hedland's warm climate. Ground floor offices are divided into a spacious reception area and varying offices all with air conditioning, as well as data and phone points wired in. Two kitchenettes are provided along with three bathrooms. Travel upstairs and you're greeted with an enormous open plan office with kitchenette, data and phone points and multiple windows overlooking the car park, Iron Ore and Manganese Streets.
The entire 1740m2 site is heavy duty reinforced concrete to suit heavy vehicle manoeuvring and heavy storage. Level and fenced, frontage to the street is landscaped and offers an attractive appearance.
This property makes an outstanding investment. Packed with features, this property is sure to impress:
- Leased and returning 10.9% net / $261,000 pa net
- Massive 862m2 total floor area
- Huge offices, three kitchenettes, four bathrooms
- Quality concrete tilt panel office construction
- Four entry points to workshop, three automatic
- Entire 1740m2 site heavy duty reinforced concrete, 15 car bays
- Absolute first class investment with strong depreciation
In an excellent location, the street attracts strong drive by traffic with high profile companies including Rexel Electrical Supplies located directly opposite, and Hitachi on a neighbouring site. This is a rarely available prime investment in the heart of Port Hedland's bustling industrial area.
For more information, call Crawford Realty's Commercial and Industrial Specialist Eliza Mearns on 0416 048 929 today.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
B/4 Iron Ore WEDGEFIELD