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1 Pakenham Street, Fremantle, WA, 6160

Properties / Buy / Western Australia / Fremantle

Tenanted Investment

1. Property Summary

Selling Method

EOI

Selling Details

EOI closing 5pm, 28 October 2024

Land Area

569 m² (*approx)

Floor Area

1250 m² (*approx)

Property Type

Offices, Retail

Sub-type

Pub/Bar/Nightclub, Office Suites

Est. Income

$286,905 p/a

Fully Leased

Tolley’s Lane Bar, EarthPoint Evolution, Studio Derrikx

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2. Property Highlights

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.

Remember to mention you found this property on CommercialReady

Dataroom

1. Property Summary

Property Type

Offices, Retail

Sub-type

Pub/Bar/Nightclub, Office Suites

Est. Income

$286,905 p/a

Tenant

Tolley’s Lane Bar, EarthPoint Evolution, Studio Derrikx

Land Area

569 m² (*approx)

Floor Area

1250 m² (*approx)

Selling Method

EOI

DATAROOM AVAILABLE

Gain Access

EOI Closing Date

28 Oct 2024 05:00PM

Add to calendar

Selling Details

EOI closing 5pm, 28 October 2024

2. Property Highlights

Generational Trophy Asset - Tolley & Co Building

Heritage-listed gem built in 1897
Land: 569sqm* | NLA: 1,250sqm*
90% occupied with strong income

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.

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.

Remember to mention you found this property on CommercialReady

Dataroom

1 Pakenham Street, Fremantle, WA, 6160 Fremantle

Enquire

Belle Property Commercial Perth

500, Stirling Highway, Peppermint Grove, Shire of Peppermint Grove, Western Australia, Australia, 6011

Tom Jacob

+61 *** *** *** show +61 483 038 690

Arlo Walker

+61 *** *** *** show +61 406 742 504

Brent Griffiths

+61 *** *** *** show +61 402 609 126

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

1 Pakenham Street, Fremantle, WA, 6160