Sold
10/2 Pearl Parade, Scarborough WA 6019
Sold price: $344,000
Sold: 07 Feb 2020
Sold
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2 Bedrooms
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1 Bathroom
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1 Car
Unit
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Under Offer / Home Open Cancelled
SUNSET COAST SCARBOROUGH
Would you like to own a share of 3,400sqm (approx.) of prime development potential land, right next to the beach, capitalising on the massive redevelopment being undertaken in Scarborough, well here it is.
This property offers the astute investor real low price entry value with exceptional midterm opportunity.
Offering two bedrooms, one bath, one car bay and just a stones throw from picturesque Scarborough Beach where you can check out the surf first thing in the morning and return for one of the best sunsets in the world, every day.
Just a three-minute walk down the road and you are in one of the most vibrant hospitality precincts in the metro area.
The world class Scarborough Aquatic Centre has all the facilities to keep fit or simply relax and enjoy. Attracting people from all over the northern suburbs this facility will add real value to your property over the mid term.
It doesn't stop there either, you are in the hub of cafes, restaurants, bars, hotels along with major grocery chains and retail outlets. The unit is 79 m2 in size, it includes it's own laundry separate to the bathroom, currently tenanted. All units have an equal entitlement to the land of (1/15th.)
When buying property its always about location, this unit has it in spades.
Maybe you are a first home buyer, maybe a downsizer, or maybe an aspiring investor seeking to be part of the future in Scarborough.
This property falls into the MRA Development guidelines
Research pages 92 & 94 / MRA Guidelines GATEWAY EAST.
Join the Beach Life.
Property features
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Air conditioned
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Carports
1
Property snapshot by reiwa.com
This property at 10/2 Pearl Parade, Scarborough is a two bedroom, one bathroom unit sold by Michaela Pinkney at Peard Real Estate on 07 Feb 2020.
Looking to buy a similar property in the area? View other two 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
