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Back 404/23 Adelaide St
Off Market

404/23 Adelaide St

Fremantle WA 6160

1
1
1
40 m²
40 m²
Apartment
Last sold for $443,000
Jule RiedelJule Riedel, last sold this property on 02 July 2025 after 15 days on market.

Overview

Under Offer by Jule Riedel

Located in the vibrant heart of Fremantle, this beautifully renovated fourth-floor apartment offers the ultimate lock-and-leave lifestyle or a high-performing investment opportunity. Currently operating as a successful Airbnb with excellent returns, this property can be sold fully furnished and equipped - ready to generate income from day one. Light and bright, the apartment features an open-plan living space with timber-look floors and air conditioning, flowing onto a private balcony with leafy views. The modern kitchen boasts gas cooking, a breakfast bar, and ample storage, while the spacious bedroom includes built-in robes and a beautiful, fully renovated ensuite bathroom. Set within a well-maintained complex with secure access, 2 lifts, on-site caretaker and communal laundry facilities, the location is unbeatable - just a short stroll to Fremantle Markets, cafes, shops, transport and the beach. At a glance: - 1 bedroom, 1 bathroom - Fully furnished and equipped – walk-in, walk-out - Currently a high-performing Airbnb with strong returns - Renovated kitchen with gas cooktop and breakfast bar - Air conditioning and timber-style flooring - Private balcony with leafy outlook - Secure building with caretaker and lift access - Unbeatable Fremantle location – walk to everything Whether you're looking for a profitable short-stay investment, a city base, or a stylish first home, this apartment is packed with value and appeal. Strata fees: - Admin: $950p/q - Reserve: $450p/q Council rates: $2,000 annually (Registered as short stay) Water rates: approx. $1,100 annually Don't miss out and call Jule Riedel now on 0448 266 050 to book an inspection! Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
40 m² floor area
40 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Fremantle over the last 12 months, the estimated median property value of 404/23 Adelaide St is $519k.

Median value
$519k
Estimated value range
$370k - $1m
Median days on market
16
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Fremantle. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 404/23 Adelaide St

2025
Sold
$443,000
Private Sale/Treaty on 02 Jul 2025 by Jule Riedel, of The Agency Perth
2021
Sold
$235,000
27 Jan 2021 by Chanel Majeks, of Ray White Dethridge Groves
2018
Rented
Undisclosed
Leased on 12 Nov 2018 by Ray White Dethridge Groves

Happy sellers in Fremantle

94%
94% of sellers in Fremantle reported that their sale price either exceeded or met their price expectations.

Fremantle stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Fremantle over the last 12 months.

Local market activity for 1 bedroom apartments in Fremantle

In the last 12 months, 53 one-bedroom apartments similar to 404/23 Adelaide St, have been sold.

This represents a 24% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Connie Handcock

Connie Handcock is a recommended agent for Fremantle.  They have 41 local sales and collected 13 local reviews across the last 12 months.

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Nick French

Sellers who recommend Nick French have praised them for being local expert, clear communication, friendly, supportive, responsive, honest and pleasant

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Clare Hickey-Shand

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  •   5   (150 reviews)
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Andy McIntyre

Sellers who recommend Andy McIntyre have praised them for being local expert, clear communication, honest, friendly, well-prepared, supportive and responsive

  •   4.9   (110 reviews)
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