52 Adelaide StreetFremantle WA 6160
Property Details for 52 Adelaide St, Fremantle
Last Listing description (September 2024)
Northbridge Sales & Leasing, together with Aurange Realty as Joint Exclusive Selling Agents, have the pleasure of presenting this retail property to the market.
Discover a premier investment opportunity in Fremantle's revitalized core - This property is currently leased to "Freo Convenience Store" on a 2-year lease with a 3-year option, providing a net income of $31,000 per annum to the owner. The tenant covers all outgoings in addition to the rent.
Key Features:
Modern Building: Only 2 years old, the property benefits from a contemporary mixed-use design, with over 70 residential apartments above, ensuring ongoing foot traffic and community engagement.
Industrial Charm: The 67m2 space boasts an industrial design with concrete floors, overhead lighting, and a 6-meter-high ceiling. The glass shopfront offers excellent visibility on Adelaide Street and benefits from strong pedestrian traffic due to its proximity to high-profile retailers and a bus stop directly in front.
All of the above attributes provide for a robust foundation for the tenant's current and future trading success.
Investment Highlights:
- Net Income: $31,000 per annum
- Outgoings (Paid by Tenant):
Strata Levies: Approximately $4,457 per annum
Council Rates: $4,112.11 (FY24)
Water Service Fee: Approximately $1,135 per annum
- 1 x car bay, secure and under cover is included and forms part of the ownership title.
For more information, please contact Annie or Jason as the Joint Exclusive Selling Agents.
Property History for 52 Adelaide St, Fremantle, WA 6160
- 27 Mar 2024Listed for Sale Not Disclosed
- 10 Dec 2022Listed for Rent - Price not available
- 27 Aug 2022Listed for Rent $500 / week
Recent sales nearby
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0About 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 6,291 properties. Over the last 5 years, Houses in Fremantle have seen a 71.08% increase in median value, while Units have seen a 76.38% increase. As at 31 July 2026:
- The median value for Houses in Fremantle is $1,677,765 while the median value for Units is $880,628.
- Houses have a median rent of $950 while Units have a median rent of $750.
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