SOLD
Sold on 11 Jun 2024 for $1,400,000

70 High Street
Fremantle WA 6160

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 150m2
Land area: 164m2
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Property Details for 70 High St, Fremantle

Building Type
Commercial
Year Built
1900
Floor Size
150m2
Land Size
164m2
Local Government
Fremantle
Lot/Plan
32/D077211

Last Listing description (September 2024)

Landmark Heritage building historically significant as a former bank representing the development of Fremantle's Old Port City as a centre of commerce & trade from the gold boom period of the late nineteenth and early twentieth centuries.70 High Street represents a magnificent 2 storey building situated in the heart of the famous "West End" bursting with character of the 1900's with the opportunity here for the Savvy investor/Architect/developer.- Situated on approximately 167m2 of prime land over 2 titles.- The ground floor is a leased retail outlet & professional office setting.- First floor accommodates a modernised kitchen, refurbished bathroom, and two generously proportioned rooms, perfect for crafting an apartment, offices, or gallery space.- Magnificent Jarrah Staircase & Boards super classic for the era- Both levels boast superhigh ceilings, adding to the sense of grandeur.- A rear warehouse annex presents an additional toilet and storage facility.- Secure off-street parking accommodates a single vehicle or possibly 2 smaller vehicles.One of the major drawcards here is the rear parking on the property which is accessed off Pakenham Street through a "ROW" very rare in these parts and with a clever designer it has potential* to partially change the whole top floor into residential or possibly extend the top floor or create another apartment style property and keep the lower street front commercial shop to live and work from home or lease it all out, with precedent set just next door with a rooftop apartment and also another 3 Storey apartment on Pakenham Street with approval potential options abound.The double fronted glass entrance at street level of approximately 100m2 opens up to hard wearing slate floors and period pressed tin super high ceilings throughout the lower level which is currently occupied with a fixed term tenancy in place with the upper level consisting of separate apartment type setup with its own Kitchen, bathroom and two bedrooms - please note this is currently zoned commercial.Envision the myriad of possibilities: dwelling, conducting business, and investing in a property set in one of Australia's premier locales. Inspections are available by appointment only. Take the first step and enquire today.Total Outgoings: +/- $13,500--- PACurrent Lease at $43,709 +GSTLeased until 30th April 2026 with a further option to 30th April 2029 Currently zoned commercial "City Centre" *Any change of usage would be subject to approvals from relevant authorities Become part of the Fremantle streetscape now!Richard Caldwellrich@obyrne.net.au0413 984 815

Property History for 70 High St, Fremantle, WA 6160

A timeline of how this property has performed in the market
Last Sold
$1,400,000
11 Jun 2024
Listed for Rent
$527/w
23 Mar 2021
  • 09 Aug 2024
    Listed for Sale Call for details....
  • 11 Jun 2024
    Sold for $1,400,000
  • 02 May 2019
    Listed for Sale $1,390,000
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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 6,282 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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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.