7/43 Mews Road, Fremantle WA 6160
UNDER OFFER by Mark Brophy
Under offer
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2 Bedrooms
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1 Bathroom
Apartment
View
FABULOUS, WATERFRONT, LEASEHOLD APARTMENT !!
Used as a very successful Airbnb (ie: not for permanent occupancy) with up to 3 months a year for the owner to occupy.
Brilliant ocean views looking into the entry of both Fremantle Sailing Club and Fishing Boat Harbour with a passing parade of various boats. These views can never be built out.
Ideal investment for self managed super funds or those wanting a great return and the flexibility for a waterside holiday. Close to Royal Perth Annexe, Cicerello's and Bather's Beach.
Current yield after all costs is 7.7% pa. The lease expires in 67 years.
The accommodation is 2 bedrooms, modern bathroom, excellent kitchen and a great common grassed area just off the living area and comes fully furnished and equipped.
• There is a 67 year lease
• No permanent occupancy by the owner
• Used as Airbnb
• $71,000 gross last Financial Year
• Furniture and all white goods included
Title Particulars:
Site 7 on Lot 2033 on Land Administration Miscellaneous Plan 1889
Volume 3121 Folio 423
Disclaimer: We have made every effort to ensure the information is reliable and accurate, however Buyers should carry out their own independent due diligence in relation to the lease arrangements.
Property features
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Floor area
101m2
Property snapshot by reiwa.com
This property at 7/43 Mews Road, Fremantle is a two bedroom, one bathroom apartment listed for sale by Mark Brophy at Mark Brophy Estate Agent.
For more information about Fremantle, including sales data, facts, growth rates, nearby transport and nearby shops, please view our Fremantle profile page.
If you would like to get in touch with Mark Brophy regarding 7/43 Mews Road, Fremantle, please call 0403 382 555 or contact the agent via email.
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
14.3 %
Annual growth
$1.6m
Annual median sales price
$925pw
Annual median rental price
