38 Marine Terrace,
Fremantle, WA 6160

Located in the highly sought-after West End Precinct 38A, 38B & 38C Marine Terrace, Fremantle are part of the Old Bank Row mixed-use development directly opposite Esplanade Park (adjacent to the Esplanade Hotel).

This is an incredibly rare opportunity to secure a boutique commercial investment within Fremantle's historic West End precinct.

With superb street exposure & signage options this will appeal to a wide-array of astute commercial property & SMSF investors.

Sales Price: (GST will apply where applicable).

• 38A Marine Terrace (36sqm) - (Sold)
• 38B Marine Terrace (55sqm) - (Sold)
• 38C Marine Terrace (36sqm) - (Sold)

Legal Description:

• 38A Marine Terrace - Lot 1 on SP 24666, CT Vol 1968, Fol 45
• 38B Marine Terrace - Lot 2 on SP 24666, CT Vol 1968, Fol 46
• 38C Marine Terrace - Lot 3 on SP 24666, CT Vol 1968 Fol 47

Zoning/Use/Heritage: City Centre Zone, City of Fremantle - LPS 4. Existing Use: Retail & Office. Plus additional uses including Medical/Consulting, S.T.C.A*. WECA Heritage Area.

Tenure Type: (38A) Tenanted: Commercial Lease
• Current Lease Expiry: 31/10/2023
• Additional Option/s: Two (2) x two (2) years
• Net Rental (Current): $12,000.00 pa plus GST

Tenure Type: (38B) Tenanted: Retail Lease
• Current Lease Expiry: Monthly

Tenure Type: (38C) Tenanted: Retail Lease
• Current Lease Expiry: 13/04/2025
• Additional Option/s: One (1) x three (3) years
• Net Rental (Current): $16,200 pa plus GST

Outgoings: Actuals (Tenant Recoverable):
• Council Rates: (38A & 38C) $1,772 pa, (38B) $2,363 pa
• Water Rates: (38A, 38B & 38C) $1,527 pa
• Strata Levies: (38A & 38C) $1,196 pa, (38B) $1,664 pa

Goods and Service Tax: The above figures are quoted exclusive of GST 10%. GST will apply where applicable.