Lot 331 Hematite Drive Wedgefield WA 6721

Cushman & Wakefield as exclusive selling agents are pleased to offer Lot 331 Hematite Drive Wedgefield, Western Australia. Located within the Hedland Junction Estate in the heart of the Wedgefield Industrial hub this 22,599sqm* site with district distributor road frontage offers a robust long term investment opportunity positioned in Australia's economic engine room.

Constructed in 2016, BP Wedgefield is an unmanned 24/7 outdoor payment terminal truck refuelling facility. The property improvements include road train refill and parking, and an extensive hardstand area on a regularly shaped corner industrial lot.

Key Investment Highlights include:
100% leased to BP Australia expiring in 2032
Passing rent of $675,697p.a.* + GST
Site Area: 22,599sqm (2.259 ha)*
Zoning: 'General Industry'
Three street fronting lot, one of which is a key district distributor road
Ancillary drive through access for articulated vehicles
Underpinned by booming regional market
Significant potential value upside through redevelopment or restructure

The property is being sold via an Offers Invited campaign closing 4:00pm (AWST) Thursday 4 April 2024 (unless sold prior).

For further information or to arrange an inspection please contact the exclusive selling agents.

*Approximate