Fremantle's Atwell Arcade listed for the first time in 100 years

Katherine JimenezDecember 7, 2020

One of Fremantle's oldest shopping centre’s - the iconic Atwell Arcade - has been put up for sale for the first time in 100 years, with price expectations of up to $10 million

The arcade, which fronts High Street Mall and Adelaide Street, sits on three separate titles and has a combined site area of 2,403 square metres.

The extended Atwell family has had an interest in the properties on this site dating back to the late 1890s. Major improvements, which include establishing the current arcade linkage, between High Street Mall and Cantonment Street were completed in the late 1970s.

The appointed selling agents are Miles Rowe & Chas Moore from Savills. Among the tenants in the retail property are Culleys Bakery and Tea Rooms and City Beach.

The agents said the property provided a secure income stream to an investor, with opportunities to remix the tenancy profile.

Expressions of interest close on 3 October.

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