Incredibly Rare Fremantle CBD Freehold Investment Opportunity

PropertyID 3605611
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160
  • 195 – 197 High Street, Fremantle WA 6160

Norfolk Commercial is pleased to present 195-197 High Street, Fremantle, which represents an incredibly rare opportunity to secure a significant and superbly positioned freehold property located in the heart of Fremantle’s burgeoning CBD precinct.

Highlights:
• Prominent High Street location with excellent exposure
• Significant freehold parcel (2,033 sqm*)
• Excellent signage opportunities
• 40.31 m* frontage to High Street
• Ample onsite parking
• Holding income options
• Redevelopment potential (STCA)
(*approx.)

Sales Price:
• Offers Invited

The Property:
The Property represents a sizeable inner-city freehold parcel of 2,033 sqm, with 40.31 m of street frontage to High Street and 50.45 m of exposure to the historically significant Queen’s Square gardens. The Property currently comprises several freestanding structures representing the following approximate areas:

• Building 1 – 195 High Street: 384.40 sqm (plus veranda areas: 185.64 sqm)
• Building 2 – 197 High Street: 638.31 sqm (plus store/external areas: 11.47 sqm)
• Ground Floor Retail/Kiosks: 86.87 sqm (includes kiosk storage area)
• Total Gross Lettable Area: 1,109.58 sqm (plus external areas: 197.11 sqm)

Legal Description:
• Legally identified as 195 High Street, Fremantle being Lot 15 on Diagram 75914 Volume 1842 Folio 16

Zoning & Heritage:
• ‘City Centre’ under City of Fremantle Local Planning Scheme No. 4
• City of Fremantle – Local Heritage Survey 00937 (195 High Street, Fremantle)
• City of Fremantle – LPP 2.23 Register of Significant Trees and Vegetation Areas (19-04 (Moreton Bay Fig Tree)

Tenure Type:
• Multiple leases (both commercial & retail) are in place
• Further details upon request

Car Parking:
• The Property has up to thirty-five (35) allocated onsite, open car bays

Outgoings: (Estimates FY2022/23)
• Council Rates: $28,286.99 pa
• Water Rates: $8,460.57 pa
• Land Tax: $23,356.00 pa

Goods and Service Tax :
• The above figures are quoted exclusive of GST

Price

Offers Invited

Building Area

1109.00sqm

Features

  • Offices
  • Medical/Consulting
  • Retail
  • Land/Development

Selling Agent

Sonia Fairhead

Email about this property

Name
This field is for validation purposes and should be left unchanged.

News & Insights.

Insight.

In a year marked by unprecedented shifts within the commercial real estate landscape, private investors emerged as the driving force behind the Australian market in 2023.

Private Investors Lead the Commercial Property Market.

In a year marked by unprecedented shifts within the commercial real estate landscape, private investors emerged as the driving force behind the Australian market in 2023.

News.

For Lease 28 Cantonment Street Fremantle Norfolk Commercial

Premier Leasing Opportunities at Iconic Woolstores Shopping Centre.

This A-grade, mixed-use development offers versatile office and allied health spaces in an ideal location, featuring state-of-the-art amenities in a central, vibrant area.

Commentary.

The resilient Industrial real estate market: Insight and analysis

The resilient Industrial real estate market: Insight and analysis.

In this comprehensive report, we will shed light on the remarkable resilience and growth of the Australian industrial real estate market, backed by data from the latest research.