For Sale
East Fremantle
4
4
3
From $2,000,000

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A RARE OPPORTUNITY IN A PRIME LOCATION

This is your chance to own a slice of premium real estate in sought-after East Fremantle, just minutes away from our picturesque Swan River, the buzzing George Street precinct and the heart of old Fremantle town itself.

Situated on a generous 1,012sqm (approx.) block with four individual titles, these four established one-bedroom one-bathroom units each have single car bays and boast approximately 57sqm of internal living space. All are also fully leased with reliable tenants, providing immediate return on your investment, once purchased.

Exciting renovation, redevelopment (subject to council approvals) or landbank potential accompanies these unique residences that will obviously suit astute investors or developers seeking to capitalise on what could be. All units are owned by the same owner, providing ease of transaction to the incoming possessor who is about to reap the rewards four-fold.

With endless possibilities come lifestyle, location and the convenience of a very handy proximity to public transport, lush local parklands, shopping, top schools, the East Fremantle and Swan Yacht Clubs, community sporting facilities, cafes, restaurants, bars, entertainment and so much more. Opportunities like this don't come around very often at all, so act now to secure your future – before it's too late!

FEATURES INCLUDE:

· Four (4) individual 1x1 units – all on separate titles
· All currently leased and owned by the same owner
· 57sqm (approx.) of internal living space each
· Massive 1,012sqm (approx.) block – ideal for land-banking
· Redevelopment potential (STCA)
· Renovation potential
· Single car bays to all units
· To all be collectively purchased by the same possessor
· Footsteps from public transport, shopping and George Street
· Minutes away from the river and the heart of Fremantle
· Close to top schools
· A magnificent opportunity

Unit 1 - is on fixed term lease of $380/week ending 20/05/24
Unit 2 - is on a periodic lease at $250/week
Unit 3 - is on a periodic lease at $300/week
Unit 4 - is on a periodic lease at $270/week

Council Rates: Approx $5,633 per annum
Water Rates: Approx $3,515 per annum

Disclaimer:
The particulars of this listing have been prepared for advertising and marketing purposes only. We have made every effort to ensure the information is reliable and accurate, however, clients must carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.

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