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38 Amherst Street Fremantle WA 6160

  • Development / Land
  • 3,658 m²
  • For Sale, UNDER OFFER!! (under offer)

LARGE DEVELOPMENT SITE WITH HOLDING INCOME

    Castelli Commercial are delighted to offer 38 Amherst Street, Fremantle to the market For Sale.

    38 Amherst Street has a developable land footprint area of 3,658sqm which includes a favourable R60-100 (STCA) planning that is ideal for a range of residential densities which is suitable for a 4-5 Storey apartment building (STCA). Located within the 'Knutsford Street East' local structure plan, it is an exciting and rare opportunity to secure a quality piece of land in one of the most exciting pockets of Fremantle which continues to develop into a strong residential area.

    Key features of this site are as follows:
    - 3,658sqm* green titled land holding
    - 52m* Frontage
    - 950sqm* warehouse
    - Tightly held location

    Current commercial lease details are as follows:
    - Leased to 'Blazing Swan Incorporated'
    - $53,450pa plus GST and outgoings
    - Expiry: 30 September 2021 with a further 2 year option on a standard REIWA lease
    - Redevelopment clause on the option period of the lease (6 month notice)
    - $20k bank guarantee

    ZONING
    The property is zoned as 'Development Area' under the City of Fremantle Local Planning Scheme 4 and forms part of the 'Knutsford Street East' local structure plan. Interested parties are urged to make enquiries to the City of Fremantle to discuss their specific plans/uses for the site.

    Contact Cory Dell'Olio on 0448 888 123 or cory@castelligroup.com.au for additional information.

    Cory DellOlio
    Castelli Group
    Cory DellOlio
    Castelli Group

    Property Highlights

    Property ID2016927150
    Floor Area950 m²
    Land Area3,658 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  3 Sep 2021
    Map for 38 Amherst Street Fremantle WA 6160
    Map for 38 Amherst Street Fremantle WA 616038 Amherst Street Fremantle WA 6160
    Cory DellOlio
    Castelli Group
    Cory DellOlio
    Castelli Group

    Property Highlights

    Property ID2016927150
    Floor Area950 m²
    Land Area3,658 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  3 Sep 2021
    Castelli Group
    112 North Lake Rd Myaree WA 6154
    Cory DellOlio
    Castelli Group
    Cory DellOlio
    Castelli Group
    Cory DellOlio

    Cory DellOlio

    Castelli Group

    0448 *** ***
    0448 888 123

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