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88 High Street
Fremantle WA 6160
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Sold on 22 Mar 2024

88 High Street Fremantle WA 6160

  • Offices
  • 2,059 m²
  • Sold

High Yielding Essential Service Investment | Tightly Held Fremantle CBD Location

    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 Highlights

    Date Sold22 Mar 2024
    Floor Area2,059 m²
    Land Area1,040 m²
    EnergyAsk Agent
    ParkingAsk Agent
    Property ID2019009152
    Category
    Last updated  2 Apr 2024
    Map for 88 High Street Fremantle WA 6160

    Property Highlights

    Date Sold22 Mar 2024
    Floor Area2,059 m²
    Land Area1,040 m²
    EnergyAsk Agent
    ParkingAsk Agent
    Property ID2019009152
    Category
    Last updated  2 Apr 2024

    Co-Agents

    Matthew Wright
    Burgess Rawson VIC Pty Ltd
    Call
    0458 290 588
    Burgess Rawson VIC Pty Ltd
    Call
    0417 924 444
    Zomart He 何梓轩
    Burgess Rawson VIC Pty Ltd
    Call
    0488 220 830

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