SOLD
SOLD
SOLD
SOLD
SOLD

High Yielding Essential Service Investment | Tightly Held Fremantle CBD Location

88 High Street, Fremantle WA

Property Highlights

Blue-Chip Government Tenant
Large 1,040 sqm* CBD Landholding
Future Value add potential
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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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
1,040 SQM
Building Area
2,059 SQM

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