246 Fitzgerald Street, Perth, WA 6000 | Property Value & History | OnTheHouse
OFF MARKET

246 Fitzgerald Street
Perth WA 6000

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 242m2
Land area: 284m2
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Property Details for 246 Fitzgerald St, Perth

Building Type
Commercial
Floor Size
242m2
Land Size
284m2
Local Government
Vincent
Lot/Plan
1/D005962

Last Listing description (February 2020)

LJ Hooker Commercial Perth as Exclusive Selling Agents are pleased to introduce the sale of 246 Fitzgerald Street, Perth via Offers Invited.

A prime inner city corner site, sitting on a site area of 284sqm* overlooking Robertson Park Tennis Club, 246 Fitzgerald Street, Perth is a leased investment opportunity which suits an investor, future owner occupier or future developer.

Inner city office / warehouses are always in tight supply. This is a superb offering and time to purchase a unique property in a sought after location.

246 Fitzgerald Street provides fantastic exposure and signage opportunities which is currently leased to Fireplaces WA. The 242sqm* building comprises of a professionally presented shop front showroom / office and warehouse area with side roller door access. In addition it features an outdoor WC and storage area which could also be a secure open car bay.

Key Highlights Include:

- Land Area: 284sqm*
- Building Area: 242sqm*
- Net Income: $40,461^ per annum + GST
- Leased to M & J Kik Pty Ltd trading as Fireplaces WA with a lease expiry date 15/02/2021 plus options
- Zoned Commercial by The City of Vincent
- Redevelopment potential (STCA)
- Prominently located only 5 minutes drive from Perth CBD
- Neighbours the Hyde Park Hotel, WA Italian Club, Dan Murphy's and other local amenities
- Flexible use profile (STCA)
- Tenant pays outgoings in lease excluding management fee as per Retail Tenancy Act
- Direct access to major arterial roads & buses servicing the Perth CBD, Northbridge and metropolitan surrounds
- Excellent retail amenity, parks and lifestyle within walking distance

Location:
The subject property is located in a popular location near the suburb border of Perth and North Perth. More specifically, it is situated on the corner of Fitzgerald Street and Randell Street, a distance of approximately two kilometres from the Perth CBD.

The property is within walking distance to various retailers and excellent lifestyle amenities including cafes, parks, clubs, schools, supermarkets, restaurants and pharmacies. The location also offers easy access to the Northbridge and Leederville entertainment precincts and public transport.

Zoning:
The City of Vincent advises the property is zoned 'Commercial.

Statutory Outgoings 19/20:
Council Rates: $3,199.23 pa
Water Rates: $1,920 pa
Land Tax: $1,551 pa

Tenure:
Tenanted Investment Contact Agent for Lease details upon request.

Heritage:
Nil as advised by The City of Vincent and State Heritage Office.

GST Treatment:
The property is offered for sale as a Going Concern.

For access to the Information Memorandum, to book your inspection time or to simply discuss in more detail please feel free to email or call the Exclusive Selling Agents Jack Bradshaw (0439 095 336) and Brian Neo (0411 868 486).

* Approximate
^ Includes rental guarantee
(STCA) Subject to Council Approval

Property History for 246 Fitzgerald St, Perth, WA 6000

A timeline of how this property has performed in the market
Last Sold
$710,000
05 Nov 2019
  • 05 Nov 2019
    Sold for $710,000
  • 09 Oct 2019
    Listed for Sale Offers Invited - Contact Agent
  • 12 Dec 1996
    Sold for $225,000
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About Perth 6000

The size of Perth is approximately 4.6 square kilometres. It has 21 parks covering nearly 18.1% of total area. The population of Perth in 2016 was 11425 people. By 2021 the population was 13670 showing a population growth of 19.6% in the area during that time. The predominant age group in Perth is 20-29 years. Households in Perth are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Perth work in a professional occupation.In 2021, 32.50% of the homes in Perth were owner-occupied compared with 35.10% in 2016.

Perth has 12,106 properties. Over the last 5 years, Houses in Perth have seen a 56.10% increase in median value, while Units have seen a 60.01% increase. As at 28 February 2026:

  • The median value for Houses in Perth is $1,375,555 while the median value for Units is $680,291.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 145 properties listed for sale, and 66 properties listed for rent in Perth on OnTheHouse. According to Cotality's data, 820 properties were sold in the past 12 months in Perth.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.