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1 Howard Street
Fremantle WA 6160
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Sold on 1 Dec 2021

1 Howard Street Fremantle WA 6160

  • Offices
  • 440 m²
  • Sold, $2,190,000

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.

Development potential
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.

For further information or to arrange an inspection please contact:

Brett Wilkins
Ray White Commercial (WA)
M: 0478 611 168
E: brett.wilkins@raywhite.com

Stephen Harrison
Ray White Commercial (WA)
M: 0421 622 777
E: stephen.harrison@raywhite.com

*approximate

Ray White Commercial (WA)
Ray White Commercial (WA)
Ground floor, 12-14 The Esplanade
Perth, WA 6000

Property Highlights

Date Sold1 Dec 2021
Sold Price$2,190,000
Floor Area440 m²
Land Area576 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017028621
Category
Last updated  3 Dec 2021
Map for 1 Howard Street Fremantle WA 6160

Nearest transport* to 1 Howard Street Fremantle WA 6160

Bus
Train
South Tce Before Arundel St221 m
South Tce After Grey St238 m
South Tce Before Grey St259 m
South Tce - Fremantle Hospital320 m
Data source: Transperth. This data is available free of charge fromwww.transperth.wa.gov.au.
*Within a 4km radius
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Ray White Commercial (WA)
Ray White Commercial (WA)
Ground floor, 12-14 The Esplanade
Perth, WA 6000

Property Highlights

Date Sold1 Dec 2021
Sold Price$2,190,000
Floor Area440 m²
Land Area576 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Property ID2017028621
Category
Last updated  3 Dec 2021

Co-Agents

Brett Wilkins
Brett Wilkins
Ray White Commercial (WA)
Call
0478 611 168
Stephen Harrison
Stephen Harrison
Ray White Commercial (WA)
Call
0421 622 777

More about 1 Howard Street Fremantle WA 6160

1 Howard Street Fremantle WA 6160 is categorized as Office. It has a floor area of 440 m². The listing ID for this property is 2017028621.

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