99 Hampton Road

Description

High Exposure Location with Development Upside!

Knight Frank and Empire Property as exclusive joint agents, are pleased to present to the market 99 Hampton Road, Fremantle For Sale.

Situated in a prime position along Hampton Road, on the southern side of Fremantle, it becomes a great opportunity for buyers looking to acquire a prominent site with development potential in the future, whilst still having substantial income in a very tightly held location.

The building has 3 separate tenancies facing Hampton Road, totalling 595sqm NLA. The tenancies provide a great holding income with strong leases in place. The rear of the property provides secure parking for the tenants and customers with 12 reserved bays and surplus land. This provides a strong level of holding income, with future development plans are considered.

Key Highlights Include:
– Land Area: 1,336sqm
– Building Area: 595sqm
– Suits multiple uses (STCA)
– R80 residential zoning (STCA)
– Estimated Fully leased net rental: $105,371 p/a
– 12 reserved Car Bays

ZONING
The property is zoned as ‘Neighbourhood Centre Zone’ under the City of Fremantle Local Planning Scheme 4. Interested parties are urged to make enquiries to the City of Fremantle to discuss their specific plans/uses for the site.

To arrange an inspection or further details, please contact the exclusive selling agents

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