SOLD
Sold on 29 Feb 2024 for $3,000,000

47 Pakenham Street
Fremantle WA 6160

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 554m2
Land area: 554m2
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Property Details for 47 Pakenham St, Fremantle

47 Pakenham St, Fremantle is a 1 bedroom, 1 bathroom House and was built in 1958. The property has a land size of 554m2 and floor size of 554m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom House sold in Fremantle in the last 12 months.

Building Type
House
Year Built
1958
Floor Size
554m2
Land Size
554m2
Local Government
Fremantle
Lot/Plan
116/P222428

Last Listing description (October 2024)

Call For Details

One of the few remaining 'blank canvas' sites available in Fremantle's historic West End, the 'Old Bait Factory' is no longer frequented by Fremantle's fishermen. Ideally located at the junction of Nairn and Pakenham Streets, the 554 sqm land holding suits a future high-profile use as a hospitality venture, various commercial applications and / or residences.

Limited only by imagination and Fremantle's commitment to development sensitive to the historic environ within which the land is sited, 47 Pakenham Street is a rare offering in a tightly held precinct amongst quality eateries such as Bread In Common and Strange Company. A great chance to co-benefit from Notre Dame University, specialty shops, commerce, bars and exciting pending developments as Fremantle's rise as a favoured destination for visitors and locals gathers momentum.

The brick warehouse building in situ is not listed on the Municipal Inventory (although it is subject to the West End Heritage precinct provisions) enabling future development of the site subject to the City's planning inputs.

Available with vacant possession (there is a coffee shop and car-bay tenancies) the site is offered to market as a Going Concern.

Proudly co-presented to market by local agents Robbie Biondillo 0412 951 015 at Fremantle Co. and Dethridge Groves.

Water Rates: $1,622.71 per annum (approx.)

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Property History for 47 Pakenham St, Fremantle, WA 6160

A timeline of how this property has performed in the market
Last Sold
$3,000,000
29 Feb 2024
Listed for Rent
$270/w
27 Feb 2016
  • 29 Feb 2024
    Sold for $3,000,000
  • 16 Feb 2024
    Listed for Sale Under Contract
  • 27 Feb 2016
    Listed for Rent $270 / week
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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 6,282 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:

  • The median value for Houses in Fremantle is $1,333,671 while the median value for Units is $709,130.
  • Houses have a median rent of $795 while Units have a median rent of $700.
There are currently 56 properties listed for sale, and 18 properties listed for rent in Fremantle on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Fremantle.

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