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The Blue Chip Coastal development site you've been waiting for!
Nathan Tonich of Realmark Urban and Corey Adamson of The Agency present to you…
This extremely rare beachside opportunity perfect for the astute investor as properties like this simply will never exist again!
Located on the beachside of West Coast Highway a mere 80m walk to the sands of Scarborough Beach sits this double storey duplex property comprised of 2 separate homes, each on their own level positioned on an large 947m2 land holding!
What are your options?
1 – Purchase this unique parcel as a long hold investment and rent out each of the two homes knowing that land like this will only become more and more scarce
2 – Renovate one or both levels and everyday take in the incredible ocean views and lifestyle that comes with living in the heart of this amazing suburb.
3 – The most advantageous opportunity is to create a Multi-Storey Residential Development with sensational views, overlooking our prized world class Scarborough Beach.
Located within the “Gateway West” precinct of the redevelopment area this parcel meets the current guidelines for the potential approval of an 8 storey development and consideration upon application for an additional 4 storeys. (*all subject to full approvals by relative authorities)
What to know:
House #1 (Top level):
Stunning views of the glistening Indian ocean & arguably the best sunset views in the state!
Soaring ceilings through the open plan kitchen, living & dining area.
Spacious master bedroom boasts double built in robes and generous ensuite.
Both minor bedrooms are a great size and feature built in robes.
Large family bathroom with a walk in shower and bath tub.
The charming sunroom overlooking the ocean is a magnificent place to start or end the day.
Over 6 metre long side balcony built for entertaining.
Currently rented to great tenants.
House #2 (Bottom level):
Four spacious bedrooms, all freshly fitted with brand new carpet.
Big family sized bathroom and a great separate laundry.
The massive open plan living area is flooded with natural light and features a separate dining area.
Generous kitchen with ample storage and a handy gas cooktop
Entertainers alfresco onto the sprawling backyard.
The property also features 3 separate garages and plenty of parking for extras.
Capitalize on the biggest transformation this iconic precinct has seen in more than 30 years!
The recently completed $100 million redevelopment has brought this historic lifestyle location back to life.
Property features
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Garages
3
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Carports
1
Property snapshot by reiwa.com
This property at 1&2/279 West Coast Highway, Scarborough is a eight bedroom, three bathroom house sold by Nathan Tonich at Realmark Urban on 06 Mar 2022.
Looking to buy a similar property in the area? View other eight bedroom properties for sale in Scarborough or see other recently sold properties in Scarborough.
Nearby schools
Scarborough overview
Home to one of the most iconic beaches in Perth, Scarborough is a desirable coastal suburb within the City of Stirling. Its five square kilometre land area is predominantly used for residential purposes, though it does have a significant entertainment precinct that attracts people from all over the Perth metropolitan area and beyond.
Life in Scarborough
At the heart of Scarborough is the Scarborough Beach precinct. A popular ocean foreshore, it houses a hotel, a variety of shops, restaurants and of course a beautiful coastline.
There are several parks and reserves in Scarborough, such as Abbett Park which provides locals with sporting facilities for football, squash, lawn bowls, tennis and cricket. There are also two primary schools, a library and a community recreation centre within the suburb.
Scarborough quick stats
High end
$1.4m
Median
$1.2m
Low end
$938k
21.4 %
Annual growth
$1.2m
Annual median sales price
$800pw
Annual median rental price
