GREAT PRICE REDUCTION - LOCATION, SHED AND ACCOMMODATION

SOLD

5 Leehey Street

Wedgefield WA 6721

Showrooms/Bulky Goods

FOR SALE

200m2

New revised price! Well worth a look!
Leehey Street is set to be at the forefront of Wedgefield as soon as the new highway is completed. It is fast becoming one of the most popular streets in Wedgefield and looks directly at the massive port loading facilities. All this, yet still at a comfortable distance to enjoy the peace and quiet at night from your caretakers residence.

- Large 2450sqm block with 24m frontage and 90m deep
- Approx 200sqm industrial shed
- One bed, one bath caretaker's residence plus office
- Shed, caretaker's and office located in front corner of block
- Great possible rental return with 2 small tenancies already in place on the property

5 Leehey is a stand out industrial property of 2,450sqm with a 24m approx frontage and is 90m approx deep. It has been designed to utilize every square metre to its best potential by locating the office, caretakers dwelling and industrial shed in the front corner to maximise street exposure and leaving the rest of the yard wide and open for practical use.

The shed is approx 200sqm and attached is a one bedroom one bathroom caretakers dwelling and an office. Designed to be extended with ease, the house could be used as an office and, with council approval, there is the ability to construct a new caretakers dwelling with up to 6 bedrooms and 6 bathrooms.

Located on the rear corner of the property are 2 small tenancies for dust monitors, which are great little revenue raisers, returning $11,550 per annum. This property is perfect for expansion.

The new future for Port Hedland has begun. Roy Hills port expansion has started, together with FMG and BHPs inner harbour optimisation and expansion. Now is the time to buy. It is expected that demand will soon outstrip supply again and prices will spiral upwards, as will competition for every lot.

Sold in AS IS condition.