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 MRA’s “Beach Road Precinct” Outer Core (8 - 12 stories).
BRILLIANT LOCATION within one of Perth's BEST Selling Suburbs .. Scarborough BEACH ... with current Sea Views & Holding Income as 9 units are rentals! One owner lives on site (10 x 2bed units in total)
+ 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 ... 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. Locals & Tourists will be back to its iconic white sandy beaches, which stretch for miles, the amazing summer 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 had 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 (especially now!) 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 $580K. 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 - all 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.
Prior to covid Scarborough was 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!! 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 travels 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" for the future.
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 20 - 25Minutes from Perth's CBD):
1. $5M. Develop 42 ACRES / 16.74 HECTARES - Lot 15, 651 Nicholson Road, Forrestdale Now Under Offer & ANOTHER SIMILAR WANTED this time in DARCH, CAVERSHAM, HENLEY BROOK or any nearby Suburbs .. money is no object provided mour Buyer can build an "Educational Establishment" ..
2. 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 @ $1.8M. Register Interest NOW!
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