An exceptional opportunity to acquire a secure commercial investment leased to a subsidiary of the Harvey Norman Group, one of Australia's most recognised and established retail brands.Positioned within a prominent commercial precinct, this well-presented property has recently been leased on a new two-year term expiring June 2028, with two further one-year options available, the property offers investors immediate income security supported by a national retail covenant.Constructed from solid concrete, the property provides long-term durability and low-maintenance appeal. The versatile layout has been designed to accommodate a broad range of commercial and operational users, ensuring ongoing leasing flexibility and long-term market relevance. Internally, the premises incorporates a functional reception area & office, staff amenities and enclosed mezzanine level, and a substantial warehouse floor area providing a practical workspace suitable for a variety of business operations.The property benefits from convenient access and excellent functionality, while its established commercial location provides close proximity to surrounding businesses, services and major transport routes. With limited commercial investment stock available and growing demand from investors seeking secure income-producing assets, this property presents an attractive addition to any investment portfolio.Key Features:Approx 232sqm land areaApprox 187sqm build areaRecently leased to a subsidiary of the Harvey Norman GroupSolid concrete constructionFunctional commercial layout Established commercial location with strong tenant appealFront roller door access 3 Exclusive car bays 3-Phase power Contact Andrew Russell on 0417 428 667 for further information or to arrange an inspection.
The size of Wedgefield is approximately 18.1 square kilometres. The population of Wedgefield in 2016 was 144 people. By 2021 the population was 127 showing a population decline of 11.8% in the area during that time. The predominant age group in Wedgefield is 50-59 years. Households in Wedgefield are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wedgefield work in a machinery operators and drivers occupation.In 2021, 35.30% of the homes in Wedgefield were owner-occupied compared with 27.30% in 2016.
Wedgefield has 476 properties. Over the last 5 years, Houses in Wedgefield have seen a -42.92% decrease in median value, while Units have seen a -82.91% decrease. As at 31 August 2026:
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