Sold
Lot 1618 Wilson Street,
Port Hedland 6721, Western Australia
Price withheld
Property details
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Agents
Leased industrial investment +/- 8.25% Net Yield
RWC WA presents Lot 1618 Wilson Street, Port Hedland, a securely leased industrial investment with two long-standing tenants. The property offers strong income stability, covenant strength, and prime positioning in the West End industrial precinct.
Investment highlights
• Fully leased investment with two established tenants
• Combined net rental income: $524,624.76 per annum + GST + Outgoings
• Large 10,800 m² industrial landholding
• Long-term lease security with multiple options
• National covenant strength
• High-demand industrial precinct with near-zero vacancy
Property overview
Address: Lot 1618 Wilson Street, Port Hedland
Land Area: 10,800 m² (approx.)
Zoning: Industrial
Improvements: Workshops, office/admin, hardstand, secure access
Tenancy 1
• National tenant in occupation since 2010
• Leased Area: 2,990 m2
• Net Rent: $386,605.44 + GST + Outgoings
• Lease Commencement: Oct 2024
• Lease Expiry: 2029
• Options: 2 - 5 years
Tenancy 2
• Occupation since 1 Feb 2022
• Net Rent: $138,019 + GST + Outgoings
• Lease Expiry: Under extension to 2030
• Options: Available
Total net income
$524,624.76 per annum + GST + Outgoings
Market context - Port Hedland Industrial
Port Hedland industrial property continues to experience strong demand due to mining, logistics and port operations. Vacancy remains extremely low, supporting strong tenant retention and rental growth.
For Further Information, please contact:
Michael Danagher
0403 049 989
michael.danagher@raywhite.com
*Approx
Investment highlights
• Fully leased investment with two established tenants
• Combined net rental income: $524,624.76 per annum + GST + Outgoings
• Large 10,800 m² industrial landholding
• Long-term lease security with multiple options
• National covenant strength
• High-demand industrial precinct with near-zero vacancy
Property overview
Address: Lot 1618 Wilson Street, Port Hedland
Land Area: 10,800 m² (approx.)
Zoning: Industrial
Improvements: Workshops, office/admin, hardstand, secure access
Tenancy 1
• National tenant in occupation since 2010
• Leased Area: 2,990 m2
• Net Rent: $386,605.44 + GST + Outgoings
• Lease Commencement: Oct 2024
• Lease Expiry: 2029
• Options: 2 - 5 years
Tenancy 2
• Occupation since 1 Feb 2022
• Net Rent: $138,019 + GST + Outgoings
• Lease Expiry: Under extension to 2030
• Options: Available
Total net income
$524,624.76 per annum + GST + Outgoings
Market context - Port Hedland Industrial
Port Hedland industrial property continues to experience strong demand due to mining, logistics and port operations. Vacancy remains extremely low, supporting strong tenant retention and rental growth.
For Further Information, please contact:
Michael Danagher
0403 049 989
michael.danagher@raywhite.com
*Approx
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Michael Danagher
Lot 1618 Wilson Street, Port Hedland WA 6721
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Michael Danagher
Lot 1618 Wilson Street, Port Hedland WA 6721