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