116/1 Silas St,
East Fremantle, WA 6158

Hotel, Motel & Leisure • Shops & Retail • Other

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 116/1 Silas St

Directions

UNDER CONTRACT by David Lightfoot

Long Lease with Quality Tenant
Licensed Premises
High-Net-Worth Area

Designed to reflect an 'avant garde bohemia meets Asia' environment, Sweetwater is a modern bar/restaurant venue located on the sixth-floor rooftop of Richmond Quarter, a landmark mixed-use development in East Fremantle. A unique and limited opportunity now exists to purchase this premium property as a Leased Investment.

Notable features include:
- Secured by highly reviewed hospitality Tenant on a 10 year* lease with 3 five year options
- Current 'Tavern' License issued by WA Government Department of Racing, Gaming and Liquor
- Located in East Fremantles town centre being surrounded by established businesses and affluent residential areas
- Purpose built to suit bar/restaurant use and featuring an extensive fitout completed/owned by the tenant including bar, restaurant and kitchen of circa 1.5mil* with interiors by acclaimed designer Renee Coleman

A comprehensive Information Memorandum is available on request.

*Approximate

Explore property virtually

Video

East Fremantle, 6158 demographic data

The median household income for East Fremantle is $2,288, 23% higher than Greater Perth's household income of $1,865. East Fremantle has an older age profile compared to the rest of Greater Perth (median age 44 vs 37). Property ownership data shows 46% of property owners in East Fremantle have a mortgage.

7,819

Population

$2,288 per week

Median household income

44 years

Median age

Owners

Most residents

Families

Most households

0499 888 1...