26 Marine Terrace Fremantle WA 6160

Burgess Rawson and Yard Property are pleased to offer to the market for Sale, 26 Marine Terrace, Fremantle.

Not often do you find a whole building with a front and centre location on Marine Terrace in the West End of Heritage Fremantle. Let alone a very unique arrangement like this one with 3 titles, Ocean and Esplanade Park views, excellent parking and approved plans to add additional levels.

The prime location is just the start of this one-off opportunity. Set right opposite Esplanade Park looking into Fishing Boat Harbour and West to Bathers beach and the round house it doesn't get much better.

An extremely clever and unique opportunity here currently set over 3 levels with 3 separate titles. Two large residential whole floor luxury 3x2 apartments with lift access to both. Plus, a separate ground level commercial office space, rear access with parking for 6 cars all on one Strata Title.

The current owners have been very astute to create even further potential to this one-off site by getting approval for "air space" above the current structure for another level plus a root top landing.

Very rarely do sites like this become available, a first-class long-term investment with future add value potential.
Or live a European lifestyle wondering to cafes, bars, restaurants and endless entertainment with white sandy beaches and WA's best local history all around you. It really doesn't get much better.

Rental

26A - Ground floor commercial office 47sqm* - could achieve $26,000pa + Outgoings + GST
26B - Middle Apartment Leased until 15 August 2025 at $1,100pw = $57,200 pa
159sqm* Internal living space - 204sqm* overall
26C Top apartment Lease until 11 September 2025 at $1200/w = $62,400 pa
158sqm* Internal living space - 203sqm* overall.

Projected Rental Income
$145,000pa (approx)

Asking Rent:

Contact Selling Agents

For further information or to arrange an inspection, please contact the Selling Agents.

*Approx