Norfolk Commercial are pleased to present 20 Stack Street, Fremantle; a significant freehold parcel with wide street exposure and ocean views superbly positioned in Fremantle's highly sought-after development zone. Located on Stack Street, Fremantle (just meters from Fremantle Golf Course) this property's size affords exceptional redevelopment options and outstanding vistas with excellent access to major arterial roads.
Highlights:
Substantial freehold parcel (2,726 sqm*)
Sales Price:
Offers Invited
Property Description:
The property, located with excellent access to nearby High Street, Leach Highway, and the Fremantle Golf Course, represents a significant freehold parcel of approx. 2,726 sqm, with 43.41 m of street frontage to Stack Street.
The property currently includes a single multiple-level commercial office building set over approx. 775.30 sqm of total gross lettable area, comprising both large open plan office areas and smaller partitioned offices. Additionally, the property possesses extensive bitumen sealed parking and driveway areas, with a small parking area to the side of the property and a carpark to the rear.
Areas (approx.):
Ground Floor Office: 367.70 sqm
First Floor Office: 407.60 sqm
Total Office: 775.30 sqm
Total Land Area: 2,726 sqm
Legal Description:
Lot 17 on Diagram 58818 Volume 1560 Folio 273
Zoning:
"Development" as per the City of Fremantle's Local Planning Scheme No.4
Tenure Type: Tenanted - Single Tenant
Current Lease Expiry: Holding Over (i.e., monthly tenant)
Net Rental (approx.): Contact Agent
Car Parking:
Substantial onsite parking
Outgoings: (Estimates FY2022/23)
Council Rates: $12,654.77 pa
Water Rates: $768.24 pa
Land Tax: $5,330.00 pa
Goods and Services Tax:
The above figures are quoted exclusive of GST
For further details please contact Sonia Fairhead on either 0421 541 996 or via email at sonia@norfolkcommercial.com.au
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 6,282 properties. Over the last 5 years, Houses in Fremantle have seen a 70.09% increase in median value, while Units have seen a 61.73% increase. As at 30 November 2024:
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