Issue 25 | The Property Development Review

Property Listings

WA

SCARBOROUGH 23 Brighton Road Occupy / Invest / Redevelop

Rare opportunity to occupy or invest with future development potential within walking distance to one of Perth’s most iconic beaches within the sought-after coastal suburb of Scarborough. Sitting on an elevated 1,419sqm block with a desirable Northern aspect, this offering is very liveable as it stands and eminently renovate-able. Zoning & Redevelopment Potential: Situated within the ‘Mixed-Use Precinct’ within MRA’s Scarborough Masterplan, providing outstanding redevelopment potential up to 8-storeys (with bonuses up to 12-storeys plus) subject to council approval. Potential uses include a diversity of commercial, tourism and high density residential development. Property Highlights: • State Government and City of Stirling have recently invested over $100 million to transform Scarborough Beach foreshore into one of Australia’s best beachfront and tourism destinations. • Short 350m walk to picturesque Brighton Beach Waterfront and further 550m to the Scarborough Beach Entertainment precinct and Amphitheatre. • Scarborough has a highly dense population with 3,400 people per square km, well above the greater Perth average of 315 people per square km. • Affluent coastal suburb with median weekly household income for Scarborough of $1,565 versus greater Perth figure of $1,481. • Bus-stop immediately adjacent providing outstanding public transport options

For Sale: Offers above $2,900,000

Jake Wallman Vincent Siciliano

0403 975 298 0488 933 332

*approx.

ljhcommercial.com.au | 08 9220 2200

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