96 Marine Terrace Fremantle WA 6160
- Development / Land
- 820 m²
- For Sale, Offers from $2.2 million
Rare Development Opportunity With Holding Income
- - Unique Location in Tightly Held Area
- - Prime Development Opportunity
- - Fully Leased Investment
Norfolk Commercial is pleased to offer for sale this unique & fully leased development opportunity located opposite Fremantle's Fishing Boat Harbour. The property resides on an 820sqm parcel of land and enjoys an expansive prime street frontage.
The one level commercial building consists of a refurbished, freestanding building (in addition to 2 x external separate areas to the main premises), with excellent onsite parking at both entry sides of the main building. The building has the following approximate areas:
Main Building: 145 sqm
External Building Area: 36 sqm
External Building Area: 8 sqm
Amenity: 10 sqm
Total Building Area: 199 sqm
Lot 123 on Diagram 11771 Certificate of Title Volume 1958 Folio 172
Frontage to Marine Terrace 26.76 metres
Total Land Area 820 sqm
Mixed Use Zoning, as per City of Fremantle Local Planning Scheme 4.
The property is leased until mid 2022 with one (1) option period of two years, with an income of $43,000 pa net, plus outgoings which are payable by the tenant.
The property is offered for sale via offers from $2.2 million sold as a Going Concern.
The property is offered for sale with the current Lease.
For further details please contact the Exclusive Selling Agent.
Areas are approximate.
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