Burgess Rawson from CBRE are delighted to offer to market ‘Salvos’ at 21 Essex Street, Fremantle WA for sale via Private Treaty.

The property has the following key investment highlights:

+ Long Seven (7) Year lease to September plus Two (2) further Five (5) Year options to 2040.
+ Salvation Army Australia: 140+ year old ‘government funded’ retailer with over 400 stores nationally and an aggressive growth strategy.(2)
+ Significantly upgraded ($900k) 781sqm* premises, in the heart of Fremantle’s bustling tourism and cultural precinct.
+ Landlord-favourable net lease terms with tenant paying usual outgoings including land tax.
+ Fixed, compounding annual 3% rent increases ensuring income growth.
+ Single-tenant investment with minimal management required.
+ Prime CBD location, metres from the iconic Fremantle Markets, Cappachino Strip and Fremantle Port, three of Perth’s most visited destinations.
+ Fremantle Port, welcomes approximately 30 international cruise ships annually.(1)
+ Western Australia’s Port City located at the mouth of the Swan River 20kms* south of the Perth CBD.
+ Fremantle: vibrant port city and year-round tourist destination with 3,200,000 visitors annually (1)
+ Net Income: $286,443 pa* +GST (Sept 2025)

To be sold via Private Treaty.

* Approx
(1) Profile.id
(2) Salvation Army Australia