FOR SALE
$295,000

43 Mews Road
Fremantle WA 6160

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 95m2
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Brilliant Investment

Please note: CASH only prospects looking for long term strong annual cash flow should apply for information on this investment.
Fully furnished, leasehold serviced apartment with a 5-year lease, plus 2 further 5-year options. Currently yielding approx. 9 - 10% NET p/a.
Superb harbour and ocean views - never to be build out, an ideal investment for Self-Managed Super Funds.
Fully maintained by the corporate tenant, with 25-year history of performance.
All costs including outgoings, repairs and maintenance are deducted prior to you receiving your Net cash return.
This is a totally hassle-free investment.
Zoned short term stay only - maximum 3 months per year.
Paul Rogers
paul@kprperth.com.au
0418 818 988
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Property Details for 43 Mews Rd, Fremantle

43 Mews Rd, Fremantle is a 2 bedroom, 1 bathroom Apartment. The property has a floor size of 95m2. The place is currently for sale with Key Performance Real Estate.

Building Type
Apartment
Floor Size
95m2

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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 6,267 properties. Over the last 5 years, Houses in Fremantle have seen a 68.34% increase in median value, while Units have seen a 44.15% increase. As at 31 July 2024:

  • The median value for Houses in Fremantle is $1,282,700 while the median value for Units is $609,406.
  • Houses have a median rent of $793 while Units have a median rent of $670.
There are currently 36 properties listed for sale, and 17 properties listed for rent in Fremantle on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Fremantle.

Suburb Insights for Fremantle 6160

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Tracey Mainstone
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Key Performance Real Estate
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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.