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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.

Improvements
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

Legal Description
Lot 123 on Diagram 11771 Certificate of Title Volume 1958 Folio 172

Land Details
Frontage to Marine Terrace 26.76 metres
Total Land Area 820 sqm

Zoning
Mixed Use Zoning, as per City of Fremantle Local Planning Scheme 4.

Income Details
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.

Sale Conditions
The property is offered for sale via offers from $2.2 million sold as a Going Concern.

Possession
The property is offered for sale with the current Lease.

For further details please contact the Exclusive Selling Agent.

Areas are approximate.

Sonia Fairhead
Norfolk Commercial
Sonia Fairhead
Norfolk Commercial

Property Highlights

Property ID2016945627
Floor Area199 m²
Land Area820 m²
Parking13 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  23 Apr 2021
Map for 96 Marine Terrace Fremantle WA 6160
Map for 96 Marine Terrace Fremantle WA 616096 Marine Terrace Fremantle WA 6160
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Sonia Fairhead
Norfolk Commercial
Sonia Fairhead
Norfolk Commercial

Property Highlights

Property ID2016945627
Floor Area199 m²
Land Area820 m²
Parking13 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  23 Apr 2021
Norfolk Commercial
Suite 9, 3 Centro Ave Subiaco WA 6008
Sonia Fairhead
Norfolk Commercial
Sonia Fairhead
Norfolk Commercial

Ask Sonia Fairhead about this property

Sonia Fairhead

Sonia Fairhead

Norfolk Commercial

0421 *** ***
0421 541 996

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