45 Phillimore StreetFremantle WA 6160
Property Details for 45 Phillimore St, Fremantle
Last Listing description (July 2021)
This exceptional investment is fully leased to Commonwealth Government represented by The Department of Immigration and Border Protection for a 3 + 3 year term commencing March 2017 with a net income of $125,000pa.
The building is prominently located in Fremantle's historic West End precinct and directly opposite Fremantle's Victoria Quay Inner Harbour, E-Shed Markets with immediate access to Fremantle's central Train Station, Bus Port and Ferry Terminals. Furthermore, it is in close proximity to Fremantle's famous retail and caf strip, including restaurants, bars, iconic markets, entertainment amenities and accommodation options.
The property adjoins landmark Customs House, recently purchased by the University of Notre Dame and within immediate vicinity to core University Notre Dame Australia precinct.
Zoned City Centre the property provides flexibility to activate for a broad range of uses with versatile redevelopment options including retail, commercial, residential (R80 density) and mixed use concepts up to 3-4 storeys (STCA).
City of Fremantle is a strategic metropolitan centre currently undergoing extensive urban renewal including prominent new developments notably the Kings Square development (currently under construction) for over 20,000sqm of government leased office accommodation plus over 5,000sqm of specialised retail.
A rare and affordable investment with tremendous future redevelopment potential in a growth precinct.
For sale via Public Auction on-site on Friday 23rd March at 11.00am.
Property History for 45 Phillimore St, Fremantle, WA 6160
- 23 Mar 2018Sold for $2,700,000
- 28 Feb 2018Listed for Sale Not Disclosed
- 23 Aug 2015Sold for $1,150,000
Recent sales nearby
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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 6,287 properties. Over the last 5 years, Houses in Fremantle have seen a 71.39% increase in median value, while Units have seen a 80.15% increase. As at 30 June 2026:
- The median value for Houses in Fremantle is $1,661,230 while the median value for Units is $883,865.
- Houses have a median rent of $950 while Units have a median rent of $750.
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