1 Howard Street Fremantle WA 6160
- 440 m²
- For Sale, Expressions of Interest (under offer)
Occupy, Invest or Develop
Premium Location overlooking Fremantle Fishing Harbour
1 Howard Street resides in a premium location as one of the very few remaining substantial development opportunities on the Esplanade Park waterfront in Fremantle.
The property presents the opportunity for development with local council encouraging the potential for a 3 storey mixed use development in the future (STCA). The property presents a smorgasbord of options which could include:
- Demolishing and starting an entirely new development
- Adding further levels to the existing building (development concepts available)
- Consolidating the existing tenancies and leasing the vacancies to grow the income and develop sometime in the future
Return on investment
Net passing income of $80,764pa
Potential fully let net income of $116,519pa
Leases have deliberately been kept short to allow for potential redevelopment.
Expressions of Interest closing Thursday, 8 July 2021 at 5pm (AWST)
For further information or to arrange an inspection please contact:
Ray White Commercial (WA)
M: 0478 611 168
- Commercial loan calculator
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.