Artist-leased Beaconsfield space draws early investor interest
More than a dozen parties are circling a character-led strata space at 7/250 Hampton Road in Beaconsfield priced in the high $500,000s.
The 88-square-metre property, built in 1996, is located in a small, evolving commercial precinct and is currently leased to a working artist, offering investors immediate income with scope for future upside.
Selling agent The Agency Property Partner Marcel La Macchia said interest gathered pace as soon as inspections became available.
“We’ve received over a dozen enquiries within the first week of advertising,” La Macchia said. “Interest built steadily as access to view from the tenant wasn’t available straight away. The first viewing generated interest from two individual parties the very next day. This early activity highlights the strong demand for versatile, well-located spaces like this one.”
Set within Hampton Plaza, a boutique complex of only 16 units, this end-position warehouse lends itself to a wide range of uses, from an artist’s studio to a boutique office, beauty or wellness business, or a workshop. Constructed from limestone and rich in character, the space features high ceilings, roller door access, and a flexible internal layout.
The existing lease provides security with room for rental growth, although current returns sit below market value; market reviews can be implemented at the start of new option periods, with the next review due in November. Annual CPI increases allow the rent to track broader market conditions over time.
La Macchia said the offering would appeal to buyers thinking beyond short-term returns.
“This property is ideal for someone happy to invest long term or with a vision to occupy the space personally in due course,” he said. “Smaller commercial or mixed-use spaces like this are becoming harder to source, particularly this close to Fremantle.”
Beaconsfield itself is undergoing noticeable change. Rising land values across the suburb and neighbouring areas have driven redevelopment of previously underutilised commercial sites, with many being subdivided or converted into residential lots.
“Beaconsfield represents a rare opportunity to secure property in a tightly held area unlikely to be recreated,” La Macchia said. “Lifestyle, commerce and growth are all within easy reach of South Beach, local cafes and Fremantle’s vibrant cultural scene.”
