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5 Scarborough Beach Road, North Perth, WA 6006

5 Scarborough Beach Road, North Perth, WA 6006

Land/Development Offices Other

  • Sold Contact Agent
  • Wed 10-Nov-21

Exceptional Land Holding with Lease Return & Excellent Development Potential

  • Land Area - 1,053sq m
  • Building - 400sq m
  • Holding Income & Development Potential

  • Land Area
  • 1053.00 m² (approx)
  • Floor Area
  • 400 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Nov 27, 2021
  • Car Spaces
  • 19
  • Parking Comments
  • 19 Secure On-Site Car Bays
  • Zoning
  • Commercial

Interested in this property? Contact an Agent today

Ventana Property Group

Suite 1, Level 1, 5 Barrack Street

Perth WA 6000

Exceptional Land Holding with Lease Return & Excellent Development Potential

A large 1,053sq m rectangular site with two street frontages and improved by a substantial circa 400sq m multi storey commercial building, the property is currently subject to a long term lease to an established business operator. As such, it represents an excellent opportunity to secure a prime real estate holding with a range of future development options meanwhile underpinned by a favourable lease return. Previous approval granted for 42 unit mixed use development.

5 Scarborough Beach Road, North Perth, WA 6006

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