SOLD
Sold on 23 May 2024 for $306,650

4/56 Pakenham Street
Fremantle WA 6160

Bedrooms: 1
Bathrooms: 2
Car spaces: -
Floor area: 47m2
Land area: 47m2
Sold By
Connie Handcock
White House Property Partners
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Property Details for 4/56 Pakenham St, Fremantle

4/56 Pakenham St, Fremantle is a 1 bedroom, 2 bathroom House and was built in 2001. The property has a land size of 47m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom House sold in Fremantle in the last 12 months.

Building Type
House
Year Built
2001
Floor Size
47m2
Land Size
47m2
Local Government
Fremantle
Lot/Plan
20/S037612

Last Listing description (July 2024)

Discover a prime mixed-use opportunity nestled in the vibrant core of Fremantle's Heritage precinct, a location surrounded by thriving restaurants, boutique shops, cosy cafes, professional office spaces, and offering potential for residential use as well. This unique property offers a golden chance to bring your business vision to life or to create your own urban living space, boasting a coveted corner position that bathes the space in natural light and sits directly opposite the popular Bread in Common Restaurant. Imagine the visibility, foot traffic, and the blend of work-life balance your venture or home could enjoy here!Offering a total of 72sqm of net lettable area, the property is cleverly divided into two units (Unit 3 = 25m2, Unit 4 = 47m2), each with its own separate entrance. This versatile layout allows for a myriad of uses, from a collaborative open-plan office to two distinct commercial spaces, or even residential living, catering to your specific needs whether they are business or personal.Seize the chance to anchor your business or establish your home in Fremantle's heritage heart, where every day offers the potential to network, collaborate, grow, and live amidst the charm and vibrancy of one of the area's most sought-after locales. Your dream starts here-transform this space into your next success story or your urban oasis.Key Highlights:- Strategic Corner Location- Central Business Zoning, opening an array of potential uses- Just a 1-minute stroll from the famous Fremantle Cappuccino Strip- 3-minute walk to the iconic Fishing Boat Harbour & Bathers Beach- Close to the University of Notre Dame- Equipped with a kitchenette and W.C*Please Note - A commercial lease is currently in place until 31st December 2025.Rent: $1,250.00 monthly + all outgoingsUNIT 3 (LOT 19)Council rates: $2,462.72 per annum (approx) Water rates: $1,522.71 per annum (approx) Strata fees: $420.00 per quarter (approx) UNIT 4 (LOT 20)Council rates: $2,710.76 per annum (approx) Water rates: $1,522.71 per annum (approx) Strata fees: $787.50 per quarter (approx)

Property History for 4/56 Pakenham St, Fremantle, WA 6160

A timeline of how this property has performed in the market
Last Sold
$306,650
23 May 2024
Listed for Rent
$276/w
26 Aug 2021
  • 23 May 2024
    Sold for $306,650
  • 22 Mar 2024
    Listed for Sale Not Disclosed
  • 19 Feb 2021
    Listed for Rent $15,120 / month
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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 6,276 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.
There are currently 64 properties listed for sale, and 20 properties listed for rent in Fremantle on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in 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.