29 Pinnacles Street,
Wedgefield, WA 6721
Warehouse, Factory & Industrial
Price information
Sale
$2,750,000 as a going concern
Key property information
Land area
Floor area
Property extent
Tenure type
Private inspections
to arrange a private inspection.
Map of 29 Pinnacles Street
Bus stops within 5 km of 29 Pinnacles Street, Wedgefield, WA 6721 Distance Parker St After Kennedy St 2.9 km Parker St Before Kennedy St 2.9 km Hawkins St After Edkins Pl 3.2 km Stanley St After Coppin Pl 3.2 km Stanley St Before Coppin Pl 3.2 km POWERED BY HERE ©
POWERED BY HERE ©
Premium Investment Property on Pinnacles !
Hedland First National as exclusive selling agents are pleased to present to the market a premium investment opportunity located at 29 Pinnacles Street, Wedgefield which is part of the larger Port Hedland area.
Port Hedland itself is an industrial port in the Pilbara region of Western Australia located approximately 1,800km north of Perth and is the largest bulk handling port in the world and a major contributor to the Western Australian and Australian economy.
The Pilbara region anticipates a significant surge in development over the next 10-15 years, including in emerging industries that have not historically been here. This wave of new development, alongside the ongoing operational investment in established sectors such as iron ore is what will be the driving force behind the Pilbara's industrial and commercial property markets.
This strategically located site, which is well positioned on a corner block in Wedgefield's Light Industrial area offers a fantastic investment opportunity to incoming purchasers. In a prime location with fantastic street exposure to passing traffic on Pinnacles St this property is in a top location with access to major transport links.
The property will always suit corporations with the highest standards and is the perfect address for a company to showcase the end users business.
The 3,014sqm property is currently leased to Intertex Testing Services Pty Ltd. The well-established tenant entered a new 5-year lease term in 2023 which is in place expiring in 2028, with one additional five-year options offering annual rental increases.
Property Features include:
• 3014m2 (approx.) Industrial Corner Block in Prime Location.
• 453m2 (approx.) Total Building Area.
• 257sqm(approx.) Workshop with Mezzanine floor for additional storage.
• 3 Phase Power, 3 Roller Doors plus Personnel Door access from yard and offices.
• 178m2 (approx.) Open Plan Office Space with Reception Area.
• Large Kitchen, DDA toilet and separate toilet facilities.
• Concrete Hardstand to entire yard space.
• Fully Fenced Yard with excellent vehicle access via Pinnacles St and Oxide Way.
• Property Currently Tenanted.
Lease Details:
• Lease Commenced 1st April 2023.
• Initial Lease Term: 5 years.
• Expiry Date: 31st March 2028.
• Option(s): One (1) x Five (5) Year Option.
• Net Income $216,476.64p/a + GST + VO's ($18,039.72 + GST pcm).
• VO's Payable by the Tenant –$51,500 p/a (approx.).
To obtain a copy of the information memorandum, arrange an inspection or for further lease details please contact Helen Farrell at Hedland First National Real Estate on 0417 428 6... or email; hfarrell@hfn.com.au
Port Hedland itself is an industrial port in the Pilbara region of Western Australia located approximately 1,800km north of Perth and is the largest bulk handling port in the world and a major contributor to the Western Australian and Australian economy.
The Pilbara region anticipates a significant surge in development over the next 10-15 years, including in emerging industries that have not historically been here. This wave of new development, alongside the ongoing operational investment in established sectors such as iron ore is what will be the driving force behind the Pilbara's industrial and commercial property markets.
This strategically located site, which is well positioned on a corner block in Wedgefield's Light Industrial area offers a fantastic investment opportunity to incoming purchasers. In a prime location with fantastic street exposure to passing traffic on Pinnacles St this property is in a top location with access to major transport links.
The property will always suit corporations with the highest standards and is the perfect address for a company to showcase the end users business.
The 3,014sqm property is currently leased to Intertex Testing Services Pty Ltd. The well-established tenant entered a new 5-year lease term in 2023 which is in place expiring in 2028, with one additional five-year options offering annual rental increases.
Property Features include:
• 3014m2 (approx.) Industrial Corner Block in Prime Location.
• 453m2 (approx.) Total Building Area.
• 257sqm(approx.) Workshop with Mezzanine floor for additional storage.
• 3 Phase Power, 3 Roller Doors plus Personnel Door access from yard and offices.
• 178m2 (approx.) Open Plan Office Space with Reception Area.
• Large Kitchen, DDA toilet and separate toilet facilities.
• Concrete Hardstand to entire yard space.
• Fully Fenced Yard with excellent vehicle access via Pinnacles St and Oxide Way.
• Property Currently Tenanted.
Lease Details:
• Lease Commenced 1st April 2023.
• Initial Lease Term: 5 years.
• Expiry Date: 31st March 2028.
• Option(s): One (1) x Five (5) Year Option.
• Net Income $216,476.64p/a + GST + VO's ($18,039.72 + GST pcm).
• VO's Payable by the Tenant –$51,500 p/a (approx.).
To obtain a copy of the information memorandum, arrange an inspection or for further lease details please contact Helen Farrell at Hedland First National Real Estate on 0417 428 6... or email; hfarrell@hfn.com.au
Property ID: 504577356Last Updated: 10 May 2024
Hedland First National - Port Hedland
Unit 2/20 Wedge StreetPORT HEDLAND, WA 6721
04174286...
29 Pinnacles Street
Wedgefield, WA 6721
Hedland First National - Port HedlandUnit 2/20 Wedge Street
PORT HEDLAND, WA 6721
PORT HEDLAND, WA 6721
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