2, 29 Wood Street, Fremantle, WA 6160

Retail | Offices | Other

For Sale $350,000 (GST Free) Under Offer

  • Property ID: 428368
  • Floor Area: 103m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
Leased Investment - 6% Return

Ray White Commercial WA is pleased to offer For Sale Unit 2 / 29 Wood Street, Fremantle.
This ground level Commercial / retail tenancy is situated to the ground level of the stunning newly completed Nightingale Fremantle mixed use development. Newly leased to Uncommon Haus, the property offers investors and self-managed superfunds a long-term income stream with addition to depreciation benefits.

The Opportunity:
• Ground level Commercial/retail tenancy
• Area: 103 sqm plus 1 car bay
• Leased: Five (5) Years initial term to Uncommon Haus (www.uncommonhaus.com)
• Option of Five (5) Years plus two further terms of three (3) years each.
• Current Rental: $21,000 p.a net plus GST (as at January 2024)
• Functional tenancy design, extensive glazing and large sliding doors provided long term flexibility for alternate uses.
• Surrounded by stunning urban renewal medium density projects and adjacent to Fremantle & Royal East Fremantle Golf Courses.
• Easily accessible with direct linkages to High Street, Stirling Highway and a should stroll to Fremantle town centre.

Asking Price: $350,000 (GST Free)

For further details or to arrange an inspection please contact the Agent:

Luke Pavlos
Mobile: 0408 823 823
Email: luke.pavlos@raywhite.com

Fremantle Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $368 ---
Retail $4126 $480 11.63%
Offices $4126 $532 12.90%
This is the average advertised price, rent and yield for Fremantle, WA 6160*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in WA for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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