7 High Street

Description

West End Heritage Property!

FPS Commercial Property is pleased to present this beautiful heritage property at 7 High Street, Fremantle ‘For Sale’.

Located in the tightly held heritage West End precinct of Fremantle’s CBD, this building sits proudly on the prime corner of Cliff and High Streets offering a bold street presence. Surrounded by many other historic buildings occupied by the University of Notre Dame as well as a mix of major shipping agencies, offices, strip shop retailers, restaurants, bars, apartments, cafes and hotels which all come together to make for a vibrant and cosmopolitan district.

The building was originally constructed in 1897 for the bank of New South Wales and consists of a beautifully maintained 300 m2 single level structure that features both open plan and partitioned offices. Possessing some stunning architectural features such as 14-foot high (approx.) intricately decorated wooden ceilings with feature lighting. All of this is set on a 354sqm parcel of land with off street laneway access from High Street.

Securely leased to The University of Notre Dame Australia until August 2026 with a further 5-year option term available to the tenant. The income received is currently $75,000 per annum plus GST with annual rent increases set at CPI plus 1%. The tenant pays all outgoings.

Lot 220 on Deposited Plan 301059 Certificate of Title Volume 218 Folio 131.

ANNUAL RENT: $75,000 p/a + GST
OUTGOINGS: $16,790.80

The City of Fremantle advises that the property is zoned ‘City Centre’.

Please contact Harley or Anthony for additional information, or to arrange a viewing:

Harley Van Der Wielen
[email protected]
0410 680 783

Anthony Van Der Wielen
[email protected]
0419 202 202