2/29 Wood StreetFremantle WA 6160
Property Details for 2/29 Wood St, Fremantle
Last Listing description (April 2024)
Ray White Commercial WA is pleased to offer For Sale Unit 2 / 29 Wood Street, Fremantle.
This ground level Commercial / retail tenancy is situated to the ground level of the stunning newly completed Nightingale Fremantle mixed use development. Newly leased to Uncommon Haus, the property offers investors and self-managed superfunds a long-term income stream with addition to depreciation benefits.
The Opportunity:
• Area: 103 sqm plus 1 car bay
• Leased: Five (5) Years initial term to Uncommon Haus (www.uncommonhaus.com)
• Option of Five (5) Years plus two further terms of three (3) years each.
• Current Rental: $21,000 p.a net plus GST (as at January 2024)
• Functional tenancy design, extensive glazing and large sliding doors provided long term flexibility for alternate uses.
• Surrounded by stunning urban renewal medium density projects and adjacent to Fremantle & Royal East Fremantle Golf Courses.
• Easily accessible with direct linkages to High Street, Stirling Highway and a should stroll to Fremantle town centre.
Asking Price: $350,000 (GST Free)
For further details or to arrange an inspection please contact the Agent:
Luke Pavlos
RWC (WA)
Mobile: 0408 823 823
Email: luke.pavlos@raywhite.com
Property History for 2/29 Wood St, Fremantle, WA 6160
- 07 Apr 2024Sold for $350,000
- 16 Oct 2023Listed for Sale UNDER OFFER
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0About 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 6,309 properties.
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