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.
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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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