SOLD
Sold on 19 Oct 2023 for $555,000

2/16 Bannister Street
Fremantle WA 6160

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 67m2
Land area: 67m2
Sold By
SCOOP Property Fremantle
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Property Details for 2/16 Bannister St, Fremantle

Building Type
Commercial
Year Built
1981
Floor Size
67m2
Land Size
67m2
Local Government
Fremantle
Lot/Plan
2/S008375

Last Listing description (January 2024)

Situated inarguably one of the most sought after pockets of Fremantle, taking advantage of all the foot traffic from being in prime proximity of a wealth of other well known establishments, and complete with a Lease in place until the end of 2025, this ideal space truly is an opportunity not to be missed.Spread across two levels (Ground Floor 40sqm and Second Floor 27sqm) and with its very distinct and aesthetically pleasing brick facade, this prime location is one that any astute investor would love to call their own. FEATURES;- Two level space: Ground Floor 40sqm and Second Floor 27sqm- Water Rates: ~$254.00 every two months- Council Rates: $2093.77 per annum, paid in full- Strata Levy*: $250 per quarter (includes building insurance)- Currently lease until the end of 2025.All perfectly situated in a great pocket of Fremantle, so close to other prominent streets, amenities and attractions including Pakenham Street, High Street, Notre Dame University, a short stroll to the Train Station and so much more.

Property History for 2/16 Bannister St, Fremantle, WA 6160

A timeline of how this property has performed in the market
Last Sold
$555,000
19 Oct 2023
  • 05 Dec 2023
    Listed for Sale CONTACT AGENTS
  • 19 Oct 2023
    Sold for $555,000
  • 19 Aug 2023
    Listed for Sale CONTACT AGENTS
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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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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.