REDEVELOP .. MIXED USE potential to apply for: Retail, Offices, Café, Restaurants, Hotels, Serviced Apartments, Condos/Units, Community Facilities etc .. within MRA’s “Beach Road Precinct” Outer Core (8 - 12 stories).
A large 2,023sqm Lot zoned 8 to 12 STORIES (similar apply for higher!!)
BRILLIANT LOCATION within Perth’s No 1 Metropolitan Suburb of Scarborough BEACH ... with current Sea Views & Holding Income as 9 units are rentals!
+ Interest Rates have come down .. A great time to BUY A REDEVELOPMENT SITE with HOLDING INCOME.
Please call Maureen +61 402 223 862 to discuss or email: [email protected] for detailed I.M ... & please Stay Safe & Well .
WA Government has spent over $120M on this existing Suburb's Beachfront renovation, 35 Filburn Street is situated within one of Perth’s most popular Beaches. Tourists & Locals alike love her iconic white sandy beaches that stretch for miles & Scarborough's amazing Thursday Food Markets etc etc.
IDEA?! .. Design a Trendy Apartment block (we've seen some Superb examples in Singapore with flowing greenery etc etc!!??)
OR .. Consider applying for a LIFESTYLE VILLAGE by the Sea???! NB: on 5th of March 2019, the WA Minister for Senior Australians issued a Media Release “Record $967 Million commitment to Expand Residential Aged Care”??
OR .. "BUILD to RENT", the latest trend in America is very popular and could prove an idea here, especially in Scarborough by the BEACH?? .. Tenants would love this.
OR .. Maybe apply for a Hotel/Hospital combined!? .. a trend to merge hospitality with the medical sector is now a world-wide movement .. and where better to LOCATE such a splendid venture than near the Beach? .. MRA advise Scarborough alone did have One Million visitors per year!
With WA's ageing population and its more affluent WA Suburbs situated only minutes away, why would one go to Thailand for 'nips & tucks' if you built a lucrative Hotel/Hospital here, on their doorstep?
OR .. Apply for a much needed Cinema / Entertainment complex in Scarborough with condos above?
OR .. Consider developing a Beautiful Bali-Beach style Hotel - dare you build a Hotel with a Difference!!???? Many of us older generation would love to swap our large homes for a QUALITY, Spacious Apartment/Condo by the Sea! a Lock-&-Leave?? Help us elevate Scarborough with quality builds?!
OR .. Consider buying INDIVIDUAL UNITS?? .. Mine is FOR SALE from $550K+. Investment Unit 2, 35 Filburn St, currently rented @ $300pw. As an owner, I know this area well!
35 FILBURN STREET, SCARBOROUGH comprises:-
A large Elevated 2,023sqm lot - the VALUE is in this exceptional, elevated LAND - wide 40.23m frontage - 9 X 2bed units lease @ approx $215-$300pw - the 10th is owner occupied (keeps an eye on the property!)
Offering a Holding Income for buyers. Zoned OUTER CORE redevelopment (8-12 storeys). Other similar zonings have applied for higher builds!?
SCARBOROUGH - located only 14Km from the heart of Perth's CBD - aims to become WA's PREMIERE BEACH Suburb & to increase her currently low Median Price (another reason to BUY this large lot NOW!?) in comparison to her Neighbours situated in the nearby expensive seaside suburbs of City Beach & Trigg for example.
Already a leading WA TOURISM LOCATION, Economists reckon Scarborough will see strong capital growth in the future; plus there is still much room for VALUE added GROWTH in this suburb - and on THIS 2,023sqm SITE at #35.
Western Australia offers counter-cyclical options .. especially Scarborough!! With WA's economic growth set to improve, conditions are likely to feed into our Apartment market ... in my opinion you could benefit by BUYING NOW & BUILDING .. be one of the first with something special to offer buyers (AND this existing metropolitan suburb offers you the opportunity to stamp YOUR mark here!). There are our many wealthy down-sizers, often keen to move closer to the Beach, cafes & restaurants etc - they require Quality & Space, open-plan living, modern kitchen, high ceilings & two (some 3) large bedrooms with two ensuites .. for example!??
A New Bus Transit Hub brings Tourists and locals directly to the beachfront. Buses, from Scarborough's NEW Bus Hub, run to & from Glendalough &/or the Stirling Train Stations.
DevelopmentWA (ex MRA) & the City of Stirling have outlined Design Guidelines specifically for this prime Scarborough Beach REDEVELOPMENT Precinct .. "set to deliver Extensive Economic Outcomes". 3 Oceans have submit new Plans for a large exclusive Build a few doors down, cnr Filburn Street/Scarborough Beach Road! THINGS ARE LOOKING GOOD .. moving forward!!
This Site at #35 falls under Category 3.4 BEACH ROAD PRECINCT.
To assist your research, please visit: MRA.wa.gov.au - Projects & Places/Scarborough - Documents - Design Guidelines (one of their links in blue).
All is set to unlock the DEVELOPMENT potential of this popular & beautiful metropolitan coastal Suburb.
NB: Please conduct your own Due Diligence on all/any property for sale, with all relevant authorities and do not rely on all/any information given, nor real estate agent/s nor sellers' advice.
PS: Other Acreage Properties also FOR SALE (only 22 Minutes from Perth's CBD):
eg: 5 ACRES / 2HA plus beautiful WBN Home with that WOW Factor .. a massive Shed & another converted to Stables with Arena close by. Magnificent Trees, secluded property tho very close to ALL amenities & only 22mins into Perth CBD.
Coming Soon @ $1.8-$1.9M. Register Interest NOW!
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