FOR SALE
Sale Offers Invited | Lease $72,000pa+GST+Outs

116 Wray Avenue
Fremantle WA 6160

Bedrooms: -
Bathrooms: -
Car spaces: 15
Floor area: 368m2
Land area: 974m2
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Prime commercial property in Fremantle

RWC WA proudly presents an unparalleled investment or leasing opportunity at 116 Wray Avenue, Fremantle. This striking two-storey rendered masonry and iron structure commands attention at the vibrant junction of Wray Avenue and Hampton Road, promising exceptional visibility and accessibility.
Key features:
• Land area: 974sqm
• Building area: 368sqm* |Ground floor: 176.75sqm* | First floor: 185.03sqm*
• Parking: 15 car bays
• Location: Prominent corner position
• Zoning: Mixed Use R30 (LPS No. 4)
• Tenancy: Ground floor leased, first floor vacant - available for lease
This property spans 368sqm* over two levels and includes ample parking with 15 car bays, making it highly convenient for tenants and visitors alike. The ground floor is currently leased, providing immediate holding income, while the first floor is vacant and available for lease, making it an ideal option for businesses seeking a prime Fremantle location.
The versatile zoning permits a multitude of uses, from consulting rooms and medical centres to office spaces, making this property an enticing prospect for a wide range of commercial endeavours. Additionally, the excess land and prime corner location present significant development opportunities, enhancing its investment appeal.
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Property Details for 116 Wray Ave, Fremantle

Building Type
Commercial
Floor Size
368m2
Land Size
974m2

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About Fremantle 6160

The size of Fremantle is approximately 5.5 square kilometres. It has 24 parks covering nearly 26% of total area. The population of Fremantle in 2011 was 7,668 people. By 2016 the population was 8,214 showing a population growth of 7.1% in the area during that time. The predominant age group in Fremantle is 30-39 years. Households in Fremantle are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fremantle work in a professional occupation. In 2011, 52% of the homes in Fremantle were owner-occupied compared with 54.2% in 2016.

Fremantle has 6,269 properties. Over the last 5 years, Houses in Fremantle have seen a 57.08% increase in median value, while Units have seen a 67.76% increase. As at 31 October 2024:

  • The median value for Houses in Fremantle is $1,292,398 while the median value for Units is $714,817.
  • Houses have a median rent of $795 while Units have a median rent of $685.
There are currently 56 properties listed for sale, and 23 properties listed for rent in Fremantle on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Fremantle.

Suburb Insights for Fremantle 6160

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Brett Wilkins
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Stephen Harrison
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RWC WA
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.