106/1 Silas Street, East Fremantle, WA 6158

Positioned in the vibrant heart of East Fremantle, this modern Medical Consultant's office space offers a unique opportunity for entry-level commercial property investors, portfolio builders, and self-managed superannuation Fund (SMSF) buyers. With a secure 5 year lease in place, this property combines consistent rental income with potential for capital growth in one of Perth's most sought-after suburbs.  

Property Details
• Strata Area: 114 sqm  
• Floor Area: 100 sqm 
• Parking: 1 secure undercover carbay plus ample outdoor parking
• Net Rental Income: $40,500 per annum
• Outgoings: all paid by the tenant (excluding property manager fees if applicable)
• Current Net Return: 6.23%*
• Lease Term: 5 years with a 5-year option  
• Tenant Profile: Medical Consultant's Office
• Selling Price: $650,000 nil GST (Going Concern)  

Key Investment Highlights

1. Versatile Investment Appeal
This property suits a range of buyers, from those entering the commercial property market to seasoned investors expanding their portfolios and SMSF buyers seeking secure, long-term investments.

2. Secure Tenant Profile
Leased to a medical consultant on a strong 5-year lease with a 5-year option, the property offers reliable rental income from an essential service tenant.  

3. Prime East Fremantle Location
Situated on the corner of Canning Hwy and Council Place and located in East Fremantle's town centre precinct, this office is surrounded by vibrant local amenities, boutique retail, cafes, Sweetwater roof top bar operated by Australian Venue Co. (AVC), a new "The Good Grocer" supermarket opening soon plus a range of medical and professional services. Its excellent Canning Hwy street frontage plus connectivity to public transport and major roadways ensures easy access for tenants and clients.  

4. Close Proximity to Fremantle
Located just minutes from Fremantle, the property benefits from easy access to this iconic destination known for its vibrant arts, retail, and dining precincts. Fremantle's strong cultural and economic presence adds significant value to East Fremantle as a thriving commercial and lifestyle hub.  

5. Modern, Functional Design
Spanning 100 sqm of floor area, this office features a bright, professional layout with ample natural light, making it attractive to current and future tenants. Its versatility supports a range of professional and medical uses.  

Why Invest in East Fremantle?

East Fremantle blends riverside living, vibrant community amenities, and close proximity to Fremantle's thriving economic, cultural, and tourism scene. The area's close proximity to Fremantle's retail precincts and renowned attractions makes it a strategic and sought-after location for businesses and tenants alike. With its boutique charm, high-quality schools, and flourishing business environment, East Fremantle consistently appeals to professionals, families, and investors.  

This property is your gateway to secure, low-maintenance investment with strong income potential and growth prospects. Whether you're starting your investment journey, building your portfolio, or seeking a reliable SMSF asset, this opportunity ticks all the boxes.  

Contact David Lightfoot of Inside Commercial 
Exclusive Selling Agent
Don't miss out-schedule your viewing today (facetime walk though available) and secure your place in East Fremantle's thriving commercial property market!  

*Approximate