SOLD
Sold on 13 May 2024 for $665,000

1/8 Silas Street
East Fremantle WA 6158

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 114m2
Land area: 142m2
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Property Details for 1/8 Silas St, East Fremantle

Building Type
Commercial
Year Built
2001
Floor Size
114m2
Land Size
142m2
Local Government
East Fremantle
Lot/Plan
1/S043673

Last Listing description (November 2021)

Burgess Rawson are pleased to present to the market for sale or lease unit 1/ 8 Silas Street, East Fremantle. The 114sqm* unit is suitable for multiple businesses (STCA) and would suit an owner occupier or a tenant looking to establish themselves in the area. The property resides on the tightly held Silas Street with multiple allied health professionals, cafes, bars and retail businesses. Features:+ 114sqm* + Signage opportunities + Multiple uses available** + Secure premises + Exclusive amenities + 2 Secure car bays + Ample street parking Total Area114sqm* Car Bays 2 Exclusive car bays OutgoingsContact Agent Asking PriceOffers Low to mid $600,000's plus GST Asking Rent $32,000 + Outgoings + GST For further details or to arrange an inspection, please contact the exclusive sales and leasing agents Chris Tonich 0411 774 168 or Tim Pittaway 0420 226 058. *Approx** (STCA) Subject to Council Approval

Property History for 1/8 Silas St, East Fremantle, WA 6158

A timeline of how this property has performed in the market
Last Sold
$665,000
13 May 2024
Listed for Rent
$11k/w
17 Nov 2021
  • 13 May 2024
    Sold for $665,000
  • 24 Aug 2021
    Sold for $630,000
  • 03 Aug 2021
    Listed for Sale Offers Low to Mid $600,000's + GST
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About East Fremantle 6158

The size of East Fremantle is approximately 3.7 square kilometres. It has 26 parks covering nearly 12.1% of total area. The population of East Fremantle in 2011 was 6,930 people. By 2016 the population was 7,369 showing a population growth of 6.3% in the area during that time. The predominant age group in East Fremantle is 50-59 years. Households in East Fremantle are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Fremantle work in a professional occupation. In 2011, 73.2% of the homes in East Fremantle were owner-occupied compared with 75.5% in 2016.

East Fremantle has 3,748 properties. Over the last 5 years, Houses in East Fremantle have seen a 78.38% increase in median value, while Units have seen a 58.82% increase. As at 31 October 2024:

  • The median value for Houses in East Fremantle is $1,873,869 while the median value for Units is $740,735.
  • Houses have a median rent of $953 while Units have a median rent of $650.
There are currently 13 properties listed for sale, and 5 properties listed for rent in East fremantle on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in East fremantle.

Suburb Insights for East Fremantle 6158

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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.