Lot 331 Hematite Drive, Wedgefield
Lot 331 Hematite Drive Wedgefield WA 6721
Key Property Highlights
| Land Area | 22599 sqm |
|---|---|
| Listing Status | Current |
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