231 Hampton Road, South Fremantle. This well located development site is minutes from the City of Fremantle and provides a blank canvas to develop a key asset in this growing corridor. Zoned Mixed Use, this and surrounding properties are subject to a possible scheme amendment which proposes a higher density residential component for the area, which brings with it increased development heights. This in turn brings the prospect of ocean views from upper floors of any mid-rise structure. The City of Fremantle continue to investigate this amendment and have sought submissions in this regard. With frontage to Hampton Road of approximately 90 metres, and passing traffic of approximately 30,000 vehicles per day, this is a high profile site which could be attractive to businesses seeking maximum street exposure. In addition, the depth of the site is 167 metres providing enormous scope for multiple uses, a combination of commercial and residential development. A development site of this size and location will require careful analysis and interested parties are urged to make enquiries of the City of Fremantle in relation to the development potential of the land. Improvements to the land incorporate a number of older warehouse buildings and a re-purposed service station site on the corner of Hampton Road and Brockman Place.
Building areas: 231 Hampton Road - Land area: 6,206sq m - Warehouse: 1,332sq m - Annexe: 650sq m - Office: 250sq m - Frontage to Hampton Rd: 34.8 metres
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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