3/87 South TerraceFremantle WA 6160
Property Details for 3/87 South Tce, Fremantle
3/87 South Tce, Fremantle is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1893. The property has a land size of 95m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Last Listing description (May 2015)
All offers presented by 5.00pm 06th March 2015 (seller reserves the right to sell prior). This property will sell.
Located on South Terrace, opposite Fremantle Hospital and a stones throw to cafes, restaurants, bars, galleries and shopping, I have pleasure in offering this historic strata property in the heart of vibrant Fremantle. Previously used as consulting rooms, this property is a dual use commercial residence in a complex of only 6. Offering character features with high ceilings and spacious rooms, this property also has two car bays, security and is air-conditioned with the added attraction of low strata fees.
Explore your options in this unique dual zoning offering:
WORK OPTIONS:
Run your own business from here or lease the whole premises for commercial purposes. The 3 spacious rooms can be used as two consulting rooms and a waiting room or a consulting room, waiting room and office.
HOME OR INCOME OPTIONS:
Renovate and convert this property to transform it into a 1 or 2 bedroom apartment and live the Fremantle lifestyle or lease as long term/short term holiday accommodation which is conducive to the area and reap the rewards.
MAKE YOUR MARK WITH THIS PROPERTY - it is a property with an open palette ideal for the budding Naturopath, General Practitioner, Physiotherapist, Masseurs or suitable for retail premises. A perfect purchase for singles/couple to create the mix that you want - make this your funky pad in the heart of Fremantle.
This is an excellent and rare investment opportunity not to be missed. Develop and retain this property as part of a long term investment or hold this property as part of your Superannuation portfolio.
The sought after location offers easy access to the free Cat Bus with South Beach and the Yacht Club only minutes away.
FOR MORE DETAILS AND INSPECTION CALL GENEVIEVE CARRIER ON 0408 926 681
Property History for 3/87 South Tce, Fremantle, WA 6160
- 04 Mar 2015Sold for $405,000
- 10 Feb 2015Listed for Sale Not Disclosed
- 21 May 2005Sold for $260,000
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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 6,264 properties. Over the last 5 years, Houses in Fremantle have seen a 57.08% increase in median value, while Units have seen a 67.76% increase. As at 31 October 2024:
- The median value for Houses in Fremantle is $1,292,398 while the median value for Units is $714,817.
- Houses have a median rent of $795 while Units have a median rent of $685.
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