High Yielding Essential Service Investment | Tightly Held Fremantle CBD Location
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
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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.
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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.
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.