REDEVELOP this large 2,023sqm Lot zoned 8 to 12 STORIES + MIXED USE with potential to apply for Retail, Offices, Café, Restaurants, Hotels, Serviced Apartments, Condos/Units, Community Facilities etc .. within the “Beach Road Precinct” Outer Core (8 - 12 stories) zoning, NOW run by Government's DevelopmentWA !!
Some units could sell separately if interested in a great Investment (rents from $215 - $300pw). Calls welcome all hours to discuss 040 222 3862.
BRILLIANT LOCATION within one of Perth's BEST Selling Metropolitan Suburbs - Scarborough BEACH is an already well established & revamped seaside suburbs... with current Sea Views & Holding Income as 9 units are rentals - with one owner living there & keeping an eye on things!
+ Interest Rates have come down .. WA Property Market is HOT! It's a great time to BUY A West Australian REDEVELOPMENT SITE with HOLDING INCOME.
Please call Maureen +61 402 223 862 to discuss or email: [email protected] for detailed I.M ... and Stay Safe & Well .
WA Government has spent over $120M on Scarborough's beach-side renovation, situated around one of Perth’s most visited Beach fronts. Tourists love its iconic white sandy beaches, which stretch for miles, the amazing Food Markets on Thursdays etc etc ...
IDEA?! .. Design a Trendy Apartment block (we've seen some Superb examples in Singapore, 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 .. The LATEST TREND in America is very popular, that is "BUILD to RENT" has taken off and could prove popular here too, 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 has 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? This brilliant opportunity could potentially suit Tourists and Locals alike!??
OR .. Apply for a much needed Cinema / Entertainment complex in Scarborough? ..
OR .. Consider developing a Beautiful Bali-Beach style Hotel - dare you build a Hotel with a difference???? Many of us older generation would love a Quality, Spacious Apartment/Condo by the Sea! Help us elevate Scarborough?!
OR .. Consider buying INDIVIDUAL UNITS?? .. Mine is FOR SALE from $550K.
Investment Unit 2, 35 Filburn St, 2020 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 - 10 X 2bed units lease @ approx $215-$300pw ie: Holding Income for buyers.
Zoned OUTER CORE redevelopment (8-12 storeys).
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 (which is also set to benefit buyers who purchase 'off the plan' with reduced 'Stamp' Duty (gazetted recently, Oct 2019) ... 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.
MRA & the City of Stirling have outlined Design Guidelines specifically for this prime Scarborough Beach REDEVELOPMENT Precinct .. "set to deliver Extensive Economic Outcomes".
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: Also FOR SALE: Acreage Properties only 20 - 25Minutes from Perth's CBD inclusive of :-
1. $5M. Develop 42 ACRES approx / 16.74 HECTARES - NOW Under Offer & ANOTHER SUCH SITE WANTED for buyer to build an "Educational Establishment" around Darch, Caversham, Henley Brook area. Are you selling as money here is no object??
651 Nicholson Road For Sale @ $900K in metropolitan Forrestdale (schools/shops etc all close by) is Under Offer.
2. WBN magnificent home with the WOW Factor on 5acres / 2HA with massive SHED and anther massive shed converted into Stables, Arena, easy access and only 22 minutes to CBD Coming For Sale @ $1.8M Soon.
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