Mixed Use | Commercial | Residential
A Rare Dual-Income Opportunity, Ideal for SMSF Investors. Set on 691sqm of land, this outstanding property offers two substantial, income producing dwellings with exceptional flexibility and future upside, located within the Scarborough Redevelopment Precinct.
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The Offering – Lot 3 Diagram 9208 Volume 1960 Folio 188
• Front Property
Renovated 4x1 character residence currently operating as a surgery
Leased at $1,000 per week
• Rear Property
Exceptional 4 x 2 brick-and-tile residence, built in the late 90s, also currently utilised as a surgery
Leased at $1,000 per week
Total combined income: $2,000 per week
Excellent tenants in place and very keen to remain.
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Endless Options
• Live in one and operate your business from the other
• Ideal for two families in a tightly held housing market
• Run one or both as Airbnb (STCA)
• Hold for the future and explore multi-storey redevelopment potential (STCA)
• Scarborough Redevelopment Map for further planning insight
https://www.stirling.wa.gov.au/awcontent/Web/Documents/Scarborough-Special-Control-Area-Design-Guidelines.pdf
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Location Highlights
• Public transport at your doorstep
• Walking distance to Scarborough Beach
• Cafés, bars, restaurants and shops close by
• Excellent schooling options – public and private
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The Fundamentals That Matter
Location. Infrastructure. Future growth.
A truly versatile property that appeals to investors, owner-occupiers, developers, and superannuation buyers alike.
Land Rates: $4232.36 Water Rates: $3112.42
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Disclaimer:
This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
