Under Offer 02/02/2024
Offers From $999,000
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176 Forrest Street, Fremantle WA 6160

House
426
Block size: 713 m² approx.

A PRIME PROPERTY INVESTMENT OPPORTUNITY IN FREMANTLE

Discover the endless possibilities with this exceptional property, in prime Fremantle - as Coastal Metropolis!

Talk about opportunity, this one is boasting not one, but two dwellings on this prime land holding. Just a short drive into the bustling heritage suburb of Fremantle, with stunning beaches, parks, maritime history, plus the best café strip and shopping hub. Nestled in a prime location, this property offers not only a charming original cottage but also a very substantial workshop and a modern 2-bedroom granny flat. Talk about versatility, this prime investment opportunity is sure to capture the imagination of savvy investors or perhaps a prime purchase for your Superannuation fund. This property offers buyers, endless options, from 2 or 3 rental streams, or bulldoze the front house and keep the granny flat and live there will you build your dream home (Development & Building Potential Subject to City of Fremantle Approval)

Key Features:
Original Cottage:
Experience the charm of a well-maintained original 2-bedroom cottage, offering character and history and currently rented.

Huge Workshop:
A massive workshop with the potential to be used as a studio, home office, or perhaps there is an opportunity to rent this for storage space.

Granny Flat:
The modern 2-bedroom granny flat is an ideal income-generating asset or a comfortable space for extended family to stay.

Development Potential:
Unlock the true potential of this property by exploring development opportunities. (Development & Building Potential Subject to City of Fremantle Approval). Consult with local authorities to understand the possibilities for expansion or subdivision. For those with a vision, the option to start fresh is available. Consider bulldozing the existing structures and designing a brand-new, customized living space tailored to your preferences with duplex potential.

Rental:
Leverage the dual dwellings to generate steady rental income. This property is a smart addition to any investment portfolio or diversify with your super fund.

Whether you're an investor seeking rental returns or a buyer hunting, for a prime piece of real estate to snaffle for your super fund - this could be it! Such an enticing parcel with endless possibilities. This could be a new project on the horizon or just rent out and reap the rewards.

Act now and call Veronica Cole to secure this rare opportunity.
Exclusive Agent 0417 972 903 or veronica@professionalsmandurah.com.au

NB: Development Potential - R30 Zoning - 713 Sqm Block
Any Potential Development will be subject to the City of Fremantle and WAPC Approval.
This Property will be Sold on an "As-Is" Basis.
Please make your Due Diligence enquiries with the City of Fremantle on 08 9432 9999

***The description provided is for general information purposes only. Professionals Mandurah believes that this information is correct but it does not warrant or guarantee the accuracy of the information. Buyers are advised to undertake independent due diligence and make their own enquiries regarding the property, as no responsibility can be accepted by Professionals Mandurah for any information that may be deemed incorrect ***

Features include: Internal Laundry,Garden / Courtyard

Inspections

No open inspections scheduled.

Send an enquiry

Contact Veronica Cole to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
2
Garage Spaces:
6
Property type:
House
Block Size:
713 *

Other Details

Lot:
11
Legal description:
D020638/11
Professionals Mandurah

Maps and area information

Block information
Block size: 713 (approx)
Legal description: D020638/11
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Nearby sales

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We found 44 houses with 4 bedrooms that just sold near 176 Forrest Street Fremantle

Property history

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Fremantle suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
9,251
Listing ID: 182223502. This listing has been viewed 40 times. It was first displayed on 16/01/2024 and last updated on 02/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.