SectorIndustrial
StateWA
Acquisition price$2,850,000
Current yield10.48%
Land area (sqm)2,942
Rate ($/sqm)$679
Office (sqm)380
Warehouse (sqm)293
Total (sqm)673
Office %56%
Site coverage23%

Property Overview

46-48 Anderson Street, Port Hedland is situated approximately 1km east of the Port Hedland Commercial District. Port Hedland is 1630 km north of Perth and 220 kilometres east northeast of Karratha.

Port Hedland has a population of approximately 20,000 and is primarily a sea port for the Pilbara Region in the mineral rich northwest, in particular BHP’s and Fortescue Metals’ mining interests at various sites in the surrounding area.

The property is situated on the southern side of Anderson Street within the industrial precinct of Port Hedland.

Surrounding development comprises a mixture of general industrial properties including mining support services and machinery based land uses.

Property Overview

Land

The property has a combined street frontage of 46 metres to Anderson Street. The property is generally rectangular in shape and level at road grade.

Road system and access

Anderson Street and Wilson Street, which runs broadly parallel to the south, are the main roads into the Port Hedland industrial area and town centre. Vehicular access to the property is via Anderson Street.

Improvements

Improvements take the form of an office / warehouse, a workshop and an office building.

Office/Warehouse

The office/warehouse is situated toward the Anderson Street frontage.

Internally, the office has been partitioned into an entry/reception area, two offices, male & female toilets, tea preparation area, two storage/archive rooms and an additional multi-purpose room which is accessed from the warehouse only.

The warehouse is clear span and has a minimum truss height of approximately four metres, painted concrete floors and additional mezzanine storage areas above the office.

Workshop

The workshop is positioned immediately to the south of the office/warehouse and is of steel frame construction with metal deck cladding.

Internally, the workshop is clear span and includes a raked truss height of approximately three to five metres.

Office

The office building is a framed construction with external cladding and iron roof cover. Internally, the building provides a large open plan office area plus three offices and two large storage/server rooms.

Ancillary

Adjoining the rear of the warehouse is an approximately seven metre steel framed canopy with concrete floor and fluorescent lighting. There is a steel framed canopy/car port along the eastern elevation of the office building suitable for two cars in tandem.

A concrete wash down pad is positioned along the eastern boundary.

Two iron clad sheds utilised for storage are positioned along the rear of the property, constructed over concrete slabs. The remainder of the site includes a concrete parking area.