Industrial

Property ID: 238910

 

Investment Opportunity-Price negotiable

6 Ridley St, Wedgefield, WA 6721

6 Ridley St is located in a Light Industrial Area known as Wedgefield in Western Australia, approximately 13km south of Port Hedland. The property comprises 144m2 workshop, a 61m2 air conditioned office with reception area, 2 offices, a store room and ablutions, this has a patio around 2 sides with an area of 53m2. There is also a 43m2 store area consisting of 3 rooms and ablutions (this can also be used as accomodation). The yard area is put to crackerdust and gravel hardstand. A ringlock fence provides a perimeter fence with access via hinged gates.With the increasing meteoric growth within the mining and resources sector over the past decade, extreme pressure has been placed on Port Hedland’s ability to accommodate the associated influx of labour into the region. Port Hedland’s current population is approximately 19,000 and according to the Western Australia Chamber of Minerals and Energy the resources sector is likely to grow by up to 70 percent by 2015. The future expansion of Port Hedland seems well assured and the area will continue as a powerhouse throughout the region, with multiple up and coming projects;

Rapid Growth (RPG) 5 worth $7.35B is underway, as is the beginning of RPG6 worth $14B, reported soon to be followed by Quantum Port 1, 2, 3 and 4. Other major projects include Atlas Iron's expansion, Fortescue Metals Group $3.2B development BC Iron and many more.
Business Opportunity Available.
Owner will consider package deal.

Sold

$1,750,000

For Sale For Lease