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Norfolk Commercial

96 Marine Terrace Fremantle, WA 6160

Directions

96 Marine Terrace,
Fremantle, WA 6160

Development Sites & Land • Offices • Other

Price information

Sale

Offers From $2.2 million

Key property information

Land area

Floor area

Parking info

Property extent

Zoning

Municipality

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$43,000
Number of Tenants
1 Tenant
Tenants / Type
Consultancy

Private inspections

to arrange a private inspection.
0421 *** ***
Norfolk Commercial
96 Marine Terrace
Fremantle, WA 6160
Norfolk Commercial

Norfolk Commercial

9/3 Centro Avenue
SUBIACO, WA 6008

Map of 96 Marine Terrace

Directions
  • Train stations within 5 km of 96 Marine Terrace, Fremantle, WA 6160Distance
    Fremantle Station1.1 km
    North Freemantle Station3.6 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 96 Marine Terrace, Fremantle, WA 6160Distance
    Marine Tce After Russell St151 m
    South Tce After Grey St167 m
    Marine Tce After South St189 m
    South Tce After Price St241 m
    South Tce Before Grey St251 m
    POWERED BY HERE ©
POWERED BY HERE ©

Rare Development Opportunity With Holding Income

  • Unique Location in Tightly Held Area
  • Prime Development Opportunity
  • Fully Leased Investment
Norfolk Commercial is pleased to offer for sale this unique & fully leased development opportunity located opposite Fremantle’s Fishing Boat Harbour. The property resides on an 820sqm parcel of land and enjoys an expansive prime street frontage.

Improvements
The one level commercial building consists of a refurbished, freestanding building (in addition to 2 x external separate areas to the main premises), with excellent onsite parking at both entry sides of the main building. The building has the following approximate areas:

Main Building: 145 sqm
External Building Area: 36 sqm
External Building Area: 8 sqm
Amenity: 10 sqm
Total Building Area: 199 sqm

Legal Description
Lot 123 on Diagram 11771 Certificate of Title Volume 1958 Folio 172

Land Details
Frontage to Marine Terrace 26.76 metres
Total Land Area 820 sqm

Zoning
Mixed Use Zoning, as per City of Fremantle Local Planning Scheme 4.

Income Details
The property is leased until mid 2022 with one (1) option period of two years, with an income of $43,000 pa net, plus outgoings which are payable by the tenant.

Sale Conditions
The property is offered for sale via offers from $2.2 million sold as a Going Concern.

Possession
The property is offered for sale with the current Lease.

For further details please contact the Exclusive Selling Agent.

Areas are approximate.

Property ID: 503807814Last Updated: 11 Jun 2021

Agency contacts

Norfolk Commercial
9/3 Centro Avenue
SUBIACO, WA 6008
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Email enquiry

Sonia Fairhead

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Sonia Fairhead
Norfolk Commercial
96 Marine Terrace Fremantle, WA 6160

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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