A piece of Fremantle's rich industrial history has become available to buyers with deep pockets, as the iconic Trade Hall building hits the market with a staggering $7 million price tag. This heritage-listed property represents one of the most significant commercial offerings in the port city in recent years.
A Glimpse Into Fremantle's Working Past
The historic building at 63-65 Edmund Street has stood as a testament to Fremantle's working-class roots since its construction in 1898. Originally serving as the headquarters for the Trades and Labour Council, this property witnessed the early formation of workers' rights movements in Western Australia.
Property agent Adam Wynn of Blackwall Property, who holds the listing, describes the building as "one of the most significant properties to come to market in Fremantle in the last decade." The three-level structure spans an impressive 1,012 square meters and carries both local and state heritage significance, ensuring its historical character remains protected for future generations.
Modern Potential Meets Historic Charm
Despite its age, the Trade Hall building offers contemporary commercial opportunities alongside its historical appeal. The property currently generates $210,000 annually in rental income from multiple tenants, providing immediate returns for any prospective buyer.
The building's configuration includes multiple tenancies across its three levels, with the ground floor featuring high ceilings and generous spaces that could suit various commercial ventures. The upper levels offer additional commercial or office space, with potential for reconfiguration to meet modern business needs.
Wynn emphasizes the property's versatility, noting it presents "a rare opportunity to own a piece of Fremantle's history while benefiting from a solid investment with multiple income streams." The building's central Fremantle location places it within walking distance of the city's vibrant café culture, retail precinct, and the iconic Fremantle Port.
Preserving History While Looking Forward
The Trade Hall's heritage status means any future development must respect and preserve the building's historical features. This includes maintaining its distinctive façade and architectural elements that reflect the late 19th-century construction style.
Potential uses for the property could include:
- Continued commercial tenancy with existing income streams
- Mixed-use development combining retail and office spaces
- Adaptive reuse that honors the building's historical significance
- Corporate headquarters with unique character
The $7 million asking price reflects both the property's prime location and its historical significance. While substantial, this figure represents the growing value of heritage properties in Fremantle's competitive real estate market.
As Fremantle continues to evolve while preserving its unique character, properties like the Trade Hall represent the perfect marriage of historical preservation and modern commercial opportunity. The sale of this landmark building will determine the next chapter in its already rich 125-year history.