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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 - 116 Wray Avenue**

Ray White Commercial (WA) proudly presents an unparalleled investment 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*
-Parking: 15 car bays
-Location: Prominent corner position
-Zoning: Mixed Use R30 (LPS No. 4)
-Tenancy: Ground floor leased, first floor vacant
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 vacant first floor offers immense potential for owner-occupiers or additional tenants.
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 6,307 properties.

    There are currently 38 properties listed for sale, and 24 properties listed for rent in Fremantle on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in Fremantle.

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