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Lot 331 Hematite Drive
Wedgefield WA 6721
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Lot 331 Hematite Drive Wedgefield WA 6721

  • Factory, Warehouse & Industrial
  • 340 m²
  • For Sale, Offers Invited Closing 04 Apr 2024 - 4.00pm (AWST)

Investment Opportunity Fuelling Australia's Economic Engine Room - Port Hedland

  • 100% Leased to BP Australia
  • Passing Rent of $675,697p.a.* + GST
  • High Profile Three Street Fronting Lot

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

Property Highlights

Floor Area340 m²
Land Area2.26 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019110575
Category
 Factory, Warehouse & Industrial
Last updated  12 Mar 2024
Map for Lot 331 Hematite Drive Wedgefield WA 6721

Property Highlights

Floor Area340 m²
Land Area2.26 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2019110575
Category
 Factory, Warehouse & Industrial
Last updated  12 Mar 2024
Grd Floor, 267 St Georges Terrace Perth WA 6000
Agency profile

Ask Nick Goodridge about this property

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Expressions of Interest
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Property FAQs

The agent has not listed a sale price for Lot 331 Hematite Drive Wedgefield WA 6721. Contact the agent for a price guide.
The floor area for Lot 331 Hematite Drive Wedgefield WA 6721 is 340 m².
The land area of Lot 331 Hematite Drive Wedgefield WA 6721 is 2.26 ha.
Yes, there is on-site parking space available at Lot 331 Hematite Drive Wedgefield WA 6721.
Lot 331 Hematite Drive Wedgefield WA 6721 is currently tenanted.
The property highlights for Lot 331 Hematite Drive Wedgefield WA 6721 are '100% Leased to BP Australia', 'Passing Rent of $675,697p.a.* + GST' and 'High Profile Three Street Fronting Lot'.
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Cushman & Wakefield (WA) Pty LtdCushman & Wakefield (WA) Pty Ltd