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Presenting an impeccable investment opportunity at 406/23 Adelaide Street, nestled in the vibrant heart of historic Fremantle, WA. This recently renovated fourth-floor apartment is perfectly suited for investors, first home buyers, downsizers, or savvy Airbnb operators looking to capitalise on Fremantle's bustling tourism scene.
This fully furnished and equipped one-bedroom, one-bathroom apartment is currently operating as a highly successful Airbnb, boasting excellent returns. With 40 square metres of well-designed space, it promises a light and bright open-plan living area, complete with air conditioning for year-round comfort. The bedroom features built-in robes, and the entire property benefits from secure access within a well-maintained complex, complete with two lifts, an on-site caretaker, and communal laundry facilities.
Step outside onto the private balcony and enjoy leafy views while you sip your morning coffee or evening glass of wine. This serene space provides a tranquil retreat from the bustling city life below.
The central location of this charming apartment means that everything you could possibly need is right on your doorstep. Fremantle's renowned coffee culture, eclectic shops, sumptuous restaurants, and traditional pubs are just a short distance away. Plus, with convenient access to trains and buses, commuting is a breeze.
For those with a vehicle, secure parking is allocated for one car. Whether you're looking for short or long-term rentals, this property offers ease of access and low-maintenance living, making it a wise addition to any property portfolio.
Don't miss the chance to own a piece of Fremantle's lively atmosphere. Contact us to arrange a viewing and discover how this stunning apartment can become your next successful investment. Please inquire online to access all related documents. Thank you.
Council: approx $ $2,080.75 Water: approx $1,199.22.26 pa Strata: approx $1,400 pq
Property features
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Floor area
40m2
Property snapshot by reiwa.com
This property at 406/23 Adelaide Street, Fremantle is a one bedroom, one bathroom apartment sold by Frank Sander at Smart Choice Realty Pty Ltd on 22 Aug 2025.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Fremantle or see other recently sold properties in Fremantle.
Cost breakdown
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Strata fees: $350 / quarter
Nearby schools
Fremantle overview
Established in 1829, Fremantle is the port city of Western Australia and is characterised by its unique landscape, heritage architecture, cafes, restaurants, stores and markets. A popular destination for both residents and visitors alike, the suburb is a mixed-use area with its five square kilometres used for residential, commercial, institutional, maritime and industrial purposes.
Life in Fremantle
Busy, energetic and always alive, Fremantle is arguably the second busiest city sector of Western Australia. Enjoy alfresco dining on the cappuccino strip, which runs through a section of South Terrace, take a stroll along the Fishing Boat Harbour and stop in for a drink and a feed at Little Creatures Brewery. Pubs, clubs, shops and markets are all in abundance in Fremantle, making it a popular destination on a night out and the suburb is also home to several popular annual festivals, which attract people from all over the metropolitan area. The Fremantle Railway Station provides convenient access into Perth City.
Fremantle quick stats
High end
$1.8m
Median
$1.6m
Low end
$1.4m
18.5 %
Annual growth
$1.6m
Annual median sales price
$965pw
Annual median rental price
