Prime Wedgefield Investment | 9% Return | Leased to 2028
An outstanding opportunity to secure a high-quality industrial investment in the tightly held Wedgefield precinct, leased to a national tenant with a current lease in place through to August 2028, providing investors with a secure income stream and a strong 9% return.
Positioned on a substantial 2,700sqm site, 6 Iron Ore Street provides a functional industrial facility designed to accommodate large vehicles, machinery and operational requirements.
The 580sqm of improvements comprise approximately 500sqm of quality workshop space with 3-phase power and multiple side access points, together with approximately 80sqm of functional office accommodation, reception, men's and women's ablutions and a dedicated wash-bay.
The property also benefits from a fully fenced cracker dust hardstand yard, providing excellent usability and additional value for the tenant.
With a national tenant in place, lease security through to August 2028 and an attractive 9% return, this represents a compelling opportunity for investors seeking a quality industrial asset with an established income stream.
Property Features:
• High-profile Wedgefield location with direct access to Manganese Street • Approx. 500sqm high-bay workshop with 3-phase power • Purpose-built for large machinery, trucks and industrial operations • Approx. 80sqm office and reception accommodation • Secure, fully fenced 2,700sqm site with substantial hardstand • Dedicated washdown bay and staff amenities • National tenant secured through to August 2028 • Strong 9% investment return
Contact Andrew Russell on 0417 428 667 for further information or to arrange a viewing