21 Essex Street Fremantle WA 6160

Burgess Rawson from CBRE are delighted to offer to market 'Salvos' at 21 Essex Street, Fremantle WA for sale via Investment Portfolio Auction 178.

The property has the following key investment highlights:

+ Long Seven (7) Year lease to September plus Two (2) further Five (5) Year options to 2040.
+ Salvation Army Australia: 140+ year old 'government funded' retailer with over 400 stores nationally and an aggressive growth strategy.(2)
+ Significantly upgraded ($900k) 830sqm* premises, in the heart of Fremantle's bustling tourism and cultural precinct.
+ Landlord-favourable net lease terms with tenant paying usual outgoings including land tax.
+ Fixed, compounding annual 3% rent increases ensuring income growth.
+ Single-tenant investment with minimal management required.
+ Prime CBD location, metres from the iconic Fremantle Markets, Cappachino Strip and Fremantle Port, three of Perth's most visited destinations.
+ Fremantle Port, welcomes approximately 30 international cruise ships annually.(1)
+ Western Australia's Port City located at the mouth of the Swan River 20kms* south of the Perth CBD.
+ Fremantle: vibrant port city and year-round tourist destination with 3,200,000 visitors annually (1)
+ Net Income: $286,443 pa* +GST (Sept 2025)

To be sold via Investment Portfolio Auction 178
10:30am AEST Wednesday 6 August 2025
Garden Room, Crown Casino, Melbourne

* Approx
(1) Profile.id
(2) Salvation Army Australia