SOLD
Sold on 15 Oct 2024 for $510,000

17/43 Preston Point Road
East Fremantle WA 6158

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 62m2
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Property Details for 17/43 Preston Point Rd, East Fremantle

17/43 Preston Point Rd, East Fremantle is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 62m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in East Fremantle in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
58m2
Land Size
62m2
Local Government
East Fremantle
Lot/Plan
17/S020000

Last Listing description (December 2024)

The Phone Code for this property is: 68312. Please quote this number when phoning or texting.

Location Location Location
17/43 PRESTON POINT ROAD, EAST FREMANTLE

Are you an investor looking for a popular rental property with a sound return or are you looking for a place to inspire a change in your lifestyle? This property is located on the river cliff with paths leading down to the river's edge near the Dome caf and the Left Bank pub, and in the opposite direction they provide for a leisurely stroll to Zephyrs Caf and Swan Yacht Club.

It has "A MILLION DOLLAR VIEW" which you are unlikely to have experienced previously. With a balcony having an unobstructed view of the river and across to Rottnest Island, don't be surprised if visitors are calling in to enjoy the expansive view. The river activity is always changing, with the ferries, boats and dolphins sharing the river which bends around to the Swan Yacht Club and beyond. The lifestyle of whoever occupies this unit will be an awesome experience and is why it has been popular with tenants.

It is perfectly situated, in close proximity to Fremantle for an easy bike ride or walk and is located on a bus route. It is a mere 5 min walk to the East Fremantle shopping centre, which is currently being re-developed, and is expected the host The Good Grocer chain from later this year.

This is a top floor open plan living space of 62m2 designed to capture the views, it is functional and provides flexibility in how you set it up. Although originally designed as a 1-bedroom unit there is scope for an extra private bed.

It includes -
Your own reserved undercover parking bay
Reverse cycle air conditioning
Bathroom with integrated laundry facilities.

The property is currently leased, and the tenant is keen to negotiate a long-term extension.

Strata fees $924 per quarter, split Admin $672 and Reserve fund $252.
Council Rates ~ $1442.80
Water rates - average approximately $150 each two months

Inspection by appointment only.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 17/43 Preston Point Rd, East Fremantle, WA 6158

A timeline of how this property has performed in the market
Last Sold
$510,000
15 Oct 2024
  • 15 Oct 2024
    Sold for $510,000
  • 28 Jun 2024
    Listed for Sale Offers over $495,000
  • 03 Oct 1999
    Sold for $142,500
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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 3,749 properties. Over the last 5 years, Houses in East Fremantle have seen a 80.00% increase in median value, while Units have seen a 42.72% increase. As at 30 November 2024:

  • The median value for Houses in East Fremantle is $1,883,340 while the median value for Units is $686,970.
  • Houses have a median rent of $985 while Units have a median rent of $650.
There are currently 11 properties listed for sale, and 4 properties listed for rent in East fremantle on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in East fremantle.

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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.