Sold
High Yielding Essential Service Investment | Tightly Held Fremantle CBD Location
agency logo

88 High Street, Fremantle WA 6160

Last Asking Price - $2,850,000-$3,135,000

OfficeSize: n/a
Block size: 1040 m² approx.
Burgess Rawson in conjunction with Empire Property are delighted to offer to the market, this outstanding government leased investment in a prime position of the Fremantle CBD.

+ Recently renewed 4.5 year lease plust options to the Western Australian Government.
+ Occupied by WA Police as the Fremantle Police Headquarters with rental guarantee on level 1.
+ Fixed annual 4% increases, assuring rental growth.
+ Tenant pays all outgoings as per the lease.
+ Large 1,040sqm* CBD sit with rare dual frontage
+ 2,059sqm* building over three levels including 18 secure basement car spaces.
+ Attractive City Centre zoning ripe for future value-add potential
+ Fremantle CBD: Booming residential growth set to increase by 120% by 2046 **
+ Fremantle: Western Australia's Port City located at the mouth of the Swan River 20kms* south of the Perth CBD.
+ Estimated Net Rental: $448,980 pa* + GST

For Sale by Private Treaty

*Approx
**Forecast.id

Inspections

No open inspections scheduled.

Send an enquiry

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

Key details

Property type:
Office
Block Size:
1040 *

Other Details

Lot:
23
Legal description:
D049922/23
Burgess Rawson & Associates

Maps and area information

Block information
Block size: 1040 (approx)
Legal description: D049922/23
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
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.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
02 Apr 2024
Sold
Burgess Rawson & Associates
Listed: 25/01/2024
Block size: 1040m²
Transfer type: Full transfer
02 Apr 2024
Sold
Burgess Rawson & Associates
Listed: 25/01/2024
Block size: 1040m²
Transfer type: Full transfer

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: 182245148. This listing has been viewed 0 times. It was first displayed on 25/01/2024 and last updated on 02/04/2024.
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.