4/1 High StreetFremantle WA 6160
Property Details for 4/1 High St, Fremantle
Last Listing description (March 2023)
This property represents an incredibly rare sale of a commercial office in Fremantle's highly sought after West-End, with a recently executed WA Government lease in place. The property (located within the Marina Village Complex, directly opposite the Round House) is within immediate reach of the beach, retail, transport, CAT bus services & the University (Notre Dame) precinct.
Highlights:
Fully refurbished, architecturally-designed property;
Partitioned premises, with abundant natural light throughout;
Secure WA Government tenant in place;
Fully leased investment offering solid yields; &
Allocated secure under cover parking, plus paid street parking.
Description:
The premises have been extensively architecturally designed, and fully refurbished. The area consists of a large open plan core, meeting room, office, in-built storage, large kitchen and male/female & disabled amenities; with superb natural light on three (3) sides of the premises. The premises have their own separate sub-meter, independent air conditioning controls & a movement and sensor alarm system.
Price: From $750,000 (no GST)
Area: 129m (Office) & 28m (Car Bays) = Total Strata Area: 157m
Tenure Type: Tenanted (Minister for Works)
Current Lease (1/11/2021 - 30/11/2025)
Additional Option Expiry: (30/11/2029)
Fixed Rent Reviews (3%) & Market (Option)
12-Month Forecast Rental & Car Bays (Net): $37,910.25 (excl GST)
Outgoings (Payable by Tenant): Contact Agent
Zoning/Use: City of Fremantle (LPS4 City Centre)
Car Parking: Two (2) onsite, allocated, secure under cover bays
GST: This seller is not registered for GST. GST will only apply on figures where applicable.
Property History for 4/1 High St, Fremantle, WA 6160
- 22 Aug 2022Sold for $650,000
- 01 Jun 2022Listed for Sale $750,000 (No GST)
- 07 Jun 2021Listed for Rent $30,784 / year
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About Fremantle 6160
The size of Fremantle is approximately 5.5 square kilometres. There are 24 parks, covering nearly 26.0% of the total area. The population of Fremantle in 2016 was 8211 people. By 2021 the population was 9251 showing a population growth of 12.7% 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 2021, 55.60% of the homes in Fremantle were owner-occupied compared with 54.20% in 2016.
Fremantle has 6,286 properties. Over the last 5 years, Houses in Fremantle have seen a 63.14% increase in median value, while Units have seen a 80.79% increase. As at 31 August 2026:
- The median value for Houses in Fremantle is $1,590,772 while the median value for Units is $877,014.
- Houses have a median rent of $970 while Units have a median rent of $750.
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