96 Marine TerraceFremantle WA 6160
Property Details for 96 Marine Tce, Fremantle
Last Listing description (October 2021)
Norfolk Commercial is pleased to offer for sale this unique & fully leased development opportunity located opposite Fremantle's Fishing Boat Harbour. The property resides on an 820sqm parcel of land and enjoys an expansive prime street frontage.
Improvements
The one level commercial building consists of a refurbished, freestanding building (in addition to 2 x external separate areas to the main premises), with excellent onsite parking at both entry sides of the main building. The building has the following approximate areas:
Main Building: 145 sqm
External Building Area: 36 sqm
External Building Area: 8 sqm
Amenity: 10 sqm
Total Building Area: 199 sqm
Legal Description
Lot 123 on Diagram 11771 Certificate of Title Volume 1958 Folio 172
Land Details
Frontage to Marine Terrace 26.76 metres
Total Land Area 820 sqm
Zoning
Mixed Use Zoning, as per City of Fremantle Local Planning Scheme 4.
Income Details
The property is leased until mid 2022 with one (1) option period of two years, with an income of $43,000 pa net, plus outgoings which are payable by the tenant.
Sale Conditions
The property is offered for sale via offers from $2.2 million sold as a Going Concern.
Possession
The property is offered for sale with the current Lease.
For further details please contact the Exclusive Selling Agent.
Areas are approximate.
Property History for 96 Marine Tce, Fremantle, WA 6160
- 21 Jun 2021Sold for $2,000,000
- 23 Apr 2021Listed for Sale Offers From $2.2 million
- 16 Mar 2020Listed for Rent $43,000 / year
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 6,293 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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