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Belle Property Commercial Perth

1 Pakenham Street Fremantle, WA 6160

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1 Pakenham Street,
Fremantle, WA 6160

Offices

Price information

Sale

EOI closing 5pm, 28 October 2024

Under Contract

Key property information

Land area

Floor area

Private inspections

to arrange a private inspection.
Belle Property Commercial Perth
Tom Jacob
Brent Griffiths

Belle Property Commercial Perth

500 Stirling Highway
PEPPERMINT GROVE, WA 6011
Belle Property Commercial Perth
1 Pakenham Street
Fremantle, WA 6160

Map of 1 Pakenham Street

Directions
  • Train stations within 5 km of 1 Pakenham Street, Fremantle, WA 6160Distance
    Fremantle Railway Station218 m
    North Fremantle Station2.8 km
    Victoria Street Station4.8 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 1 Pakenham Street, Fremantle, WA 6160Distance
    Phillimore St After Cliff St190 m
    Market St Before High St239 m
    Queen St After Adelaide St316 m
    South Tce After Market St319 m
    Cantonment St Woolstores Shopping Centre340 m
    POWERED BY HERE ©
POWERED BY HERE ©

Under Offer. Generational Trophy Asset - Tolley & Co Building

  • Heritage-listed gem built in 1897
  • Land: 569sqm* | NLA: 1,250sqm*
  • 90% occupied with strong income
Belle Property Commercial as exclusive selling agents are pleased to offer for sale via “Expressions of Interest” campaign, 1 Pakenham Street, Fremantle closing Monday 28th October 2024 at 5.00pm (AWST).

Nestled in the heart of Fremantle’s vibrant West End, the Tolley & Company
Warehouse (also known as the Tolley Bond Store) is a rare opportunity to own a
piece of Western Australia’s rich history. Built in 1897 during the gold rush boom,
this heritage-listed gem was originally designed for Tolley & Co., prominent wine
and spirit merchants, who occupied the building until 1911.

The building has been thoughtfully repurposed for modern use, incorporating a licensed hospitality venue and event space, coworking offices, renovated first floor office tenancies with two studio spaces and a charming paved courtyard at the rear.

The building’s infrastructure has been meticulously maintained, with all electrical and plumbing systems updated less than eight years ago. Additionally, the roof structure was refurbished and reclad in 2005, ensuring the building’s longevity.

Key Features:

- Land Area: 569sqm*
- NLA: 1,250sqm*
- 90% Occupied on long term leases
- Net rental income: $248,617pa* with annual increases
- Three - storey Heritage building
- Strong tenancy mix – Tolley’s Lane Bar, EarthPoint Evolution, Studio Derrikx
- Value add opportunity – Manage Co working suites or occupy/ lease out entire floor

Location:

- Prominent West End Fremantle location
- 260m To Fremantle Station
- 650m To Gage Roads Brewery
- 150m to Fremantle High St

Recoverable Outgoings: $73,200pa*

Sale Process:

For sale via “Expressions of Interest” campaign, closing Monday 28th October 2024 at 5.00pm (AWST) (Sold as a going concern).
A copy of the EOI document and IM can be supplied upon request.

Want to know more? Please contact the exclusive selling agents listed below.

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Property ID: 504690308Last Updated: 25 Nov 2024

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