For Sale By Eoi

Transcription

FOR SALE BY EOI7–15 QUARRY STREET FREMANTLECLOSING 2PM FRIDAY 29 JANUARY 2021

7–15 QUARRY STREET FREMANTLE2

SALE BY AUCTIONTHE OPPORTUNITYThis is a rare opportunity for a large redevelopment in close proximityto the centre of Fremantle. Located directly next to Fremantle Park,this property offers great potential to take advantage of with this largeopen public space. The site is in a fantastic location within 200m of theFremantle Leisure Centre, Fremantle Arts Centre and an eclectic mix ofsmall bars, pubs, restaurants and cafés.As Perth’s second city, Fremantle has all the conveniences residentsneed including primary and secondary schools, a university, hospital,grocery stores, medical centres, banks and pharmacies. Fremantle isa strategic metropolitan centre with more than 16,000 workers in thecity centre including the Department of Communities, Departmentof Transport, Fremantle Port and numerous professional services.Fremantle is the heart of culture in Perth with multiple art spaces andgalleries such as the Maritime, Shipwrecks and Army Museums, Kidogo,PS Art Space, Moore’s Gallery, Art on the Move and many more. Culturalexperiences such as live music at Freo Social, Mojos and the FremantleInternational Street Arts Festival ensure there is always something on.Fremantle is rated Perth’s favourite entertainment precinct and attractsmore than a million tourists each year.Combined 4,133m2 over three lots200m from Fremantle Leisure Centre andFremantle Arts CentreDirect access to Fremantle Park open reserve andFremantle Park Sport and Community Centreaccessing lawn bowls and tennisLocated in the Queen Victoria precinct with agrowing number of cafés and eateries just 500mfrom the centre of FremantleEasy access to buses from Queen Victoria Street anda ten minute walk to Fremantle Train StationJust a short bike ride to Bathers Beach (5 mins), PortBeach (8 mins) or South Beach (10 mins)3

7–15 QUARRY STREET FREMANTLELAND DETAILSPROPERTY DETAILSProperty Address7–15 Quarry Street, FremantleSite Area4,143m2Method of SaleExpression of Interest. Offers to besubmitted via tenderlink.com/fremantleby 2pm WST Friday 29 January 2021LEGAL DESCRIPTIONCertificate of TitleVolume: 1451 Folio: 32Volume: 545 Folio: 181Lot DescriptionLot 8 on Diagram 1451Lot 1 & 2 on Plan 758Registered ProprietorCity of Fremantle. Registered 11 Apriland 15 December 1960Easements andEncumbrancesNilZONING AND DEVELOPMENTLocal AuthorityCity of FremantleZoning & PlanningSchemePrecinct 3, Area 6A. Local PlanningScheme No.4. Amendment No. 77. AndLocal Planning Policy 3.1.3.1‘Mixed Usage Zone”MRS Zoning4‘Central City Zone’

SALE BY AUCTIONSITE LOCATION5

7–15 QUARRY STREET FREMANTLEKINGS SQUARE6The largest public-private infrastructure project inFremantle’s history. A precinct wide renewal of theCity centre with project partners Sirona Capital andCity of Fremantle redeveloping the buildings andpublic spaces in Kings Square.Free WiFi throughout the precinctwith CCTV and enhanced lightingThe Walyalup Civic Centre will be the newcompetition-winning City administration buildingwith purpose-built indoor and outdoor communityspaces and meeting rooms.Energy-efficient building designwith the use of renewable energyand water-saving technologiesThe state-of-the-art customer service andcommunity learning hub has been designed tobecome a centralised meeting place with theinclusion of a new library, new Fremantle VisitorCentre and revamped city square complete withlandscaped grass area, shady trees, public areasand new street furniture.Designed for accessibility, thenew building and public spaceswill enable people of all ages andabilities to enjoy everything onoffer in Kings Square

SALE BY AUCTIONFOMOFOMO is the coordinated redevelopment of the formerMyer and Queensgate buildings and will deliver acontemporary laneway retail and dining destination.A place of discovery, FOMO will be an urban retailenvironment, culturally connected to the heartof Fremantle.A retail and dining experience with Freopeople in mindNew 5-star Green Star commercial spacesincluding office accommodation for morethan 1,500 new State Government employeeswho have now relocated to FremantleBoost to the local economy with more than2,100 new local jobs and estimated 358minjection into the local economy7

7–15 QUARRY STREET FREMANTLEFREMANTLE KEY STATSFremantle is undergoing the largest level of investment seenin the last 30 years with more than 1.4 billion in the pipeline,over half of which is under construction or recently completed.The headline of this development is the Kings Squaredevelopment, however the City is heading multiple projectswhich will push Fremantle further into the limelight.8

SALE BY AUCTIONDestination marketing—City of Fremantle launched anew brand for Fremantle—“This is Fremantle”. This wassupported by the most significant marketing campaign theCity has undertakenMajor place activation activities such as largeanimatronic dinosaursFremantle is the second most popular tourism destinationin WA after Perth CBD with 1 million visitors annually1.5 million tourism nights for a spend of 210m on top ofday trippers and local visitation520 approved hotel rooms16,594 workers in the Fremantle city centre9

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SALE BY AUCTIONFREMANTLE CITY CENTREWalyalup Civic Centre(Kings Square)Manning BuildingsRetail and office developmentLittle Lane70 apartments 100m from Kings Square(under construction)M/2740 apartments 400m from Kings Square(under construction)Woolstores141 room hotel, office and retail(development approved)Old Police Station58 room hotel, bars and restaurants(development approved)SKS development168 room hotel and 45 apartments(development approved)FOMOUp to 2,000 office workers and 5,500m2 ofretail and hospitality space to open March 21Fremantle MarketsIconic Friday and weekend markets with2 million visitation in 2019Notre Dame University7,000 plus students and staff acrossa campus of 40 buildingsIt is estimated that the inner-city Fremantle population willgrow by 65% in the 10 years to 2021.11

7–15 QUARRY STREET FREMANTLESALE CONDITIONSThe following sales conditions will apply to the properties sale. Full details can be locatedin the sales contract that can be downloaded via tenderlink.com/fremantle All three lots will be sold as one lot. The Buyer will be required to finalise an amalgamation of the lots and is not to sell anylot individually. GST will be applied at the margin. Development:»» A development application must be submitted no later than 12 months from thedate of settlement.»» Substantial development of the property must occur within four years fromSettlement Date. Development must be a minimum of 34 dwellings. A pedestrian link from Quarry Street to Fremantle Park, accessible to all members ofthe public must be included in the development. The Seller will have the option to repurchase if the Buyer breaches by failing tocommence construction within four years from the settlement date, or any otherconditions of the contact of sale. Sales conditions will be recorded against the Certificate of Title at settlement by way ofa restrictive covenant and/or caveat. The winning bidder will be required to pay a deposit of 10% of the purchase price withinseven days of the bid’s acceptance. Settlement will occur within 90 days of acceptance of the buyer’s offer.FAQSWill there be viewings of the site? Viewings of the site can be arranged subject tointerest. We can arrange for a planning representative to be present to answer questionsaround the development and scheme amendment if required.Do I have to amalgamate the lots? Is this negotiable? Development across all threelots won’t be able to occur without amalgamation occurring. The requirement foramalgamation will form part of the sales conditions and is not negotiable.Can I speak with a City Planning Officer to get more information regardingdevelopment on the site? Yes, if you contact us we can arrange for an officer to discussthis with you.12

SALE BY AUCTIONSITE SURVEYIf you have any queries, please contact:Nadine WellerEconomic Development OfficerP 9432 9857E business@fremantle.wa.gov.au13

CLOSING 2PM FRIDAY 29 JANUARY 2021 7-15 QUARRY STREET FREMANTLE FOR SALE BY EOI. 715 ARR TREET FREMANTLE 2. S 3 THE OPPORTUNITY This is a rare opportunity for a large redevelopment in close proximity . PS Art Space, Moore's Gallery, Art on the Move and many more. Cultural