High Yielding Essential Service Investment | Tightly Held Fremantle CBD Location
88 High Street, Fremantle WA
Property Highlights
Description
Burgess Rawson in conjunction with Empire Property are delighted to offer to the market, this outstanding government leased investment in a prime position of the Fremantle CBD.
+ Recently renewed 4.5 year lease plust options to the Western Australian Government.
+ Occupied by WA Police as the Fremantle Police Headquarters with rental guarantee on level 1.
+ Fixed annual 4% increases, assuring rental growth.
+ Tenant pays all outgoings as per the lease.
+ Large 1,040sqm* CBD sit with rare dual frontage
+ 2,059sqm* building over three levels including 18 secure basement car spaces.
+ Attractive City Centre zoning ripe for future value-add potential
+ Fremantle CBD: Booming residential growth set to increase by 120% by 2046 **
+ Fremantle: Western Australia’s Port City located at the mouth of the Swan River 20kms* south of the Perth CBD.
+ Estimated Net Rental: $448,980 pa* + GST
For Sale by Private Treaty
*Approx
**Forecast.id
Property Details
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