With superb street exposure & signage options this is a rare boutique commercial opportunity to be part of the very tightly held Wray Avenue retail precinct.

67 Wray Avenue, Fremantle, WA, 6160

Rare Wray Avenue Commercial Opportunity

  • Rare, Wray Avenue Commercial Opportunity
  • Fully Leased Investments
  • Multiple Uses Retail, Office, Medical*

Located in the highly sought-after Wray Avenue precinct, Lots 6 & 7 are part of a two-level, mixed-use development with five residential apartments & two ground floor commercial suites.

With secure leases in place, this opportunity will appeal to a wide range of astute investors seeking to re-balance their portfolios with solid-yielding commercial property investments in a thriving commercial hub.

With superb street exposure & signage options this is a rare boutique commercial opportunity to be part of the very tightly held Wray Avenue retail precinct.

Sales Price: From $350,000 (no GST) per lot – sold as a going concern. (Lot 7 Under Offer)

Legal Description: Lot 6 & 7 on Strata Plan 75068, Certificate of Title Volume 2953, Folio 907/908.

Area: Floor Area: 53sqm per lot.

Zoning/Use: Local Centre, City of Fremantle – LPS 4. Existing Use: Retail & Office. Plus additional uses including Medical/Consulting, S.T.C.A*.

Tenure Type: (Suite 1, Lot 6) Tenanted: Retail Lease
• Current Lease Expiry: 09/06/2022;
• Additional Option Expiry: 09/06/2027;
• Net Rental: $15,755 pa plus GST

Tenure Type: (Suite 2, Lot 7) Tenanted: Commercial Lease (Under Offer)
• Current Lease Expiry: 02/05/2024;
• Additional Option Expiry: 02/05/2029;
• Net Rental: $12,732 pa plus GST

Car Parking: 2 x onsite car bays per suite: there is an allocation of 1 x bay per suite as exclusive use, with an additional bay as shared use for the commercial suites only.

Outgoings: Actuals FY2020/21: (Tenant Recoverable) per lot:
• Council Rates: $1,682 pa;
• Water Rates: $1,451 pa; &
• Strata Levies: $1,461 pa.

Goods and Service Tax: The above figures are quoted exclusive of GST 10%. GST will apply where applicable.

Enquire Now
For Sale
  • Floor Area53-106sqm m2
  • Tenure TypeTenanted
  • MunicipaltyFremantle
  • Car Spaces2
  • Parking Comments2 x onsite car bays per suite: there is an allocation of 1 x bay per suite as exclusive use, with an additional bay as shared use for the commercial suites only.
  • Amenities
    • Public Transport
    • End of Trip Facilities
    • Bike Storage
    • Cafes
    • Shopping
    • Parking