50 Queen Victoria StreetFremantle WA 6160
Property Details for 50 Queen Victoria St, Fremantle
Last Listing description (June 2023)
Cygnet West is pleased to present to the market an exciting opportunity to secure a high profile development site in the gentrified Fremantle locality.
The property sits within the revitalised Queen Victoria Street strip, surrounded by recent developments such as the Heirloom and Liv apartment buildings. Amenity is provided in the immediate proximity by popular cafes, gyms, restaurants, medical facilities and shops.
Key features are as follows:
Property Address:
50-62 Queen Victoria Street, Fremantle WA
Land Area:
3,464sqm
Location:
Optimally located at a high profile intersection with good access and the potential for views over the Fremantle Harbour.
Interest Offered:
100% Freehold Interest
Local Authority:
City of Fremantle
Zoning:
'Mixed-Use R-AC3' under the City of Fremantle Scheme No. 4; Permitted building height of 18m plus bonuses STCA
Encumbrances:
The site will be sold free of encumbrances
Frontage:
Frontage 92m* to Queen Vic Street and 30m* to James Street
Occupancy:
Short-term lease in place providing holding income
This opportunity to capitalise on Fremantle's growth and increasing popularity is not to be missed.
For Sale by Offers Invited.
*All numbers are approximate
Property History for 50 Queen Victoria St, Fremantle, WA 6160
- 18 May 2022Listed for Sale Offers Invited
- 07 Jan 2021Listed for Rent - Price not available
- 30 Sep 2019Listed for Sale Offers Invited
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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 6,282 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.
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