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Overview
This exceptional unit located at 2/85 Wray Avenue in Fremantle masterfully blends lifestyle and investment potential within one of the area's most rapidly evolving precincts. Situated within walking distance of Fremantle's vibrant core, especially near the popular fresh produce district, it offers an enviable location that perfectly suits both resident living and holiday letting.
Spanning a generous 163 square metres of building space on a 262 square metre land parcel, this unit is lavished with high-end fixtures and finishes. From the large-format porcelain tiles that flow throughout to the premium stone benchtops and soft-close cabinetry in the kitchen, the interior exudes sophistication without compromising practicality or timeless appeal. A neutral palette provides flexibility for personal style customization, making it easy to create a personalised sanctuary.
The property's standout feature is its inviting pool courtyard, accessible directly from two of the three bedrooms, allowing residents to enjoy a refreshing swim and relax in a tranquil setting at any time. This seamless indoor-outdoor connection enriches the living experience and highlights the outdoor lifestyle central to Fremantle's appeal.
Moreover, this unit holds a proven track record as a lucrative Airbnb investment, generating over $140,000 annually in revenue. For prospective investors or those wanting to maintain the holiday letting operation, the property is set up for a smooth transition with dedicated private storage and access to an experienced cleaning team.
Whether for owner-occupiers seeking a stylish city-edge home or investors targeting a premium income stream, this Fremantle unit satisfies a diverse range of aspirations. It presents a rare opportunity to combine quality craftsmanship, a superb location, and significant revenue potential in one thoughtfully designed package.
Local Market Insights
In Fremantle, Quiet Listings observed 2 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,399,500. The property type mix of listed properties is predominantly Apartments at 48%, followed by houses (24%), and units (14%). The most active agency for units in the Fremantle area is currently Ray White, representing 50% of new listings, followed by Inhabit Property with 50%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
This property has had 4 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.
Location
Fremantle WA 6160
Market Insights for Fremantle WA 6160
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