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Realmark Commercial - Pilbara

2 & 3, 2 Steel Loop Wedgefield, WA 6721

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2 & 3, 2 Steel Loop,
Wedgefield, WA 6721

Warehouse, Factory & Industrial
Added 3 days ago

Price information

Sale

$1,574,500 GST FREE EOI Closing 01/08/2024 4pm WST

Key property information

Land area

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Map of 2 & 3, 2 Steel Loop

Directions
  • Bus stops within 5 km of 2 & 3, 2 Steel Loop, Wedgefield, WA 6721Distance
    Parker St After Kennedy St2.1 km
    Parker St Before Kennedy St2.1 km
    Hawkins St After Edkins Pl2.2 km
    Traine CR Before Driver Wy2.2 km
    Traine CR After Driver Wy2.2 km
    POWERED BY HERE ©
POWERED BY HERE ©

A GRADE INDUSTRIAL / 10% NET RETURNS!!

For Sale $1,574,500, closing Thursday 1st August 2024, 4pm wst, if not sold prior.

Exceptional investment opportunity presents, with these TWO modern, adjoining workshop units, available for sale in one line.
Leased to quality listed company tenant Coventry Group Limited, operating as Cooper Fluid Systems, providing a solid 10% net return.

Modern and low maintenance, with excellent depreciation benefits, construction was completed in 2013/14.

Featuring only three units in the complex, the location is prime, on a corner site, in a modern, new area of Wedgefield - Port Hedland’s primary industrial area.
Truck drive through access is a feature of the the two street front carpark, which is fenced, and entirely concrete sealed.

The identical units are separately titled and serviced, providing long term versatility to lease or sell together or separately.


Internally, each unit features a floor area of approx. 360m2, with approx. 60m2 of ground floor office, eat in kitchen, two bathrooms, and first floor offices of 29m2, split system air conditioning throughout.

The workshops each feature front and rear roller doors, with rear yard storage of approx. 70 m2 each.


Feature summary:
* Attractive 10% net return
* 2x separately titled modern workshops
* Quality tenant – Coventry Group
* Annual increases built into leases
* Ground floor area 360m2*
* Consisting of workshop 300m2*
* 60m2* ground floor offices
* Kitchen & bathrooms
* 29m2* 1st floor offices, fully air conditioned
* Front & rear roller door & rear yard
* Truck drive through access to carpark
* Well regarded location
* Supreme investment opportunity

The location is sought after, with quality national and international companies closely located including Boton, Kennards, BOC,
Programmed, Main Road, Hicks Civil & Mining, Cummins and Speno Rail.

Call Realmark’s Northwest Commercial and Industrial Specialist Eliza Mearns on 0416 048 9... today.
*Approximate

Property ID: 504098199Last Updated: 28 Jun 2024

Realmark Commercial - Pilbara

Unit 19/1 Lawson Street
SOUTH HEDLAND, WA 6722
04160489...
Realmark Commercial - Pilbara
2 & 3, 2 Steel Loop
Wedgefield, WA 6721
Realmark Commercial - Pilbara
Unit 19/1 Lawson Street
SOUTH HEDLAND, WA 6722
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