Under Offer 19/04/2024
Leased Investment - 6% Return
2/29 Wood Street, Fremantle WA 6160
UNDER OFFER
RetailSize: n/a
Ray White Commercial WA is pleased to offer For Sale Unit 2 / 29 Wood Street, Fremantle.
This ground level Commercial / retail tenancy is situated to the ground level of the stunning newly completed Nightingale Fremantle mixed use development. Newly leased to Uncommon Haus, the property offers investors and self-managed superfunds a long-term income stream with addition to depreciation benefits.
The Opportunity:
• Ground level Commercial/retail tenancy
• Area: 103 sqm plus 1 car bay
• Leased: Five (5) Years initial term to Uncommon Haus (www.uncommonhaus.com)
• Option of Five (5) Years plus two further terms of three (3) years each.
• Current Rental: $21,000 p.a net plus GST (as at January 2024)
• Functional tenancy design, extensive glazing and large sliding doors provided long term flexibility for alternate uses.
• Surrounded by stunning urban renewal medium density projects and adjacent to Fremantle & Royal East Fremantle Golf Courses.
• Easily accessible with direct linkages to High Street, Stirling Highway and a should stroll to Fremantle town centre.
Asking Price: $350,000 (GST Free)
For further details or to arrange an inspection please contact the Agent:
Luke Pavlos
RWC (WA)
Mobile: 0408 823 823
Email: luke.pavlos@raywhite.com
This ground level Commercial / retail tenancy is situated to the ground level of the stunning newly completed Nightingale Fremantle mixed use development. Newly leased to Uncommon Haus, the property offers investors and self-managed superfunds a long-term income stream with addition to depreciation benefits.
The Opportunity:
• Ground level Commercial/retail tenancy
• Area: 103 sqm plus 1 car bay
• Leased: Five (5) Years initial term to Uncommon Haus (www.uncommonhaus.com)
• Option of Five (5) Years plus two further terms of three (3) years each.
• Current Rental: $21,000 p.a net plus GST (as at January 2024)
• Functional tenancy design, extensive glazing and large sliding doors provided long term flexibility for alternate uses.
• Surrounded by stunning urban renewal medium density projects and adjacent to Fremantle & Royal East Fremantle Golf Courses.
• Easily accessible with direct linkages to High Street, Stirling Highway and a should stroll to Fremantle town centre.
Asking Price: $350,000 (GST Free)
For further details or to arrange an inspection please contact the Agent:
Luke Pavlos
RWC (WA)
Mobile: 0408 823 823
Email: luke.pavlos@raywhite.com
Inspections
No open inspections scheduled.
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Contact Luke Pavlos to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
1
Property type:
Retail
Other Details
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SummaryMedian sales
Average Age
42 years
Population
9,251
Listing ID: 181722548. This listing has been viewed 11 times. It was first displayed on 23/06/2023 and last updated on 19/04/2024.
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.