23/4 Brighton Road, Scarborough WA 6019

Serviced Apartment Producing Guaranteed Income

Positioned moments from one of Australia's most iconic beaches, and surrounded by the cafés, restaurants and lifestyle attractions of Scarborough's thriving foreshore precinct, this impressive dual-key apartment presents a compelling coastal investment opportunity.

Generating a current annual rental income of $32,790.48, this property offers an attractive 6.56% gross rental return, with guaranteed annual rental increases of 4% through to 2030. This provides investors with a clear income growth pathway alongside the appeal of a premium coastal asset.

If you're an investor local or interstate seeking reliable holding income and looking to secure a foothold in one of Perth's most desirable coastal markets, this is an opportunity to combine immediate rental returns with long-term income stability.

Key Investment Highlights

• Strong Rental Returns and Guaranteed Growth

• Current annual rental income: $32,790.48 (increasing by 4% each year)

• Gross rental return for 26/27: 6.56%

• Guaranteed annual rental increases of 4% through to 2030, as provided for under the existing lease.

• Forecast monthly rental income:

$2,732.54 current

$2,841.84 from June 2027

$2,955.52 from June 2028

$3,073.74 from June 2029

• Secure, Low-Maintenance, Set-and-Forget Investment

• Current lease with Quest Apartments secured through to 18 May 2030, with further five-year options thereafter, subject to the lease terms.

• Favourable outgoings structure: Quest Apartments is responsible for and pays in full the council rates, water rates and strata administration fund contributions, in accordance with the lease. The owner is responsible for the sinking fund levies paid quarterly.

• This arrangement helps preserve rental income and strengthens the overall holding appeal compared with investments where owners are responsible for these additional outgoings.

• Dual-key configuration offering flexibility and broad rental appeal. One-bedroom apartment plus adjoining studio, providing a combined two-bedroom, two-bathroom, two-balcony configuration.

• Main apartment featuring a fully equipped kitchen, spacious master suite with ensuite, and open-plan living and dining areas.

• Interconnecting studio with its own kitchenette and private bathroom, offering flexibility for independent living.

• Two private balconies overlooking the pool.

• Moments from Scarborough Beach, the foreshore entertainment precinct, cafés, restaurants and lifestyle amenities.

• An attractive option for interstate investors seeking an established income-producing asset in a highly sought-after lifestyle destination.

This is a compelling opportunity to secure an income-producing coastal asset with guaranteed rental increases and favourable outgoings structure.

Contact Lewis McMahon on 0427 139 274 to find out more.

Disclaimer: *Returns do not include government taxes or capital refurbishment costs.* The lease requires both minor and major refurbishment works to be completed during the current lease term (2025-2030), so any related costs would need to be estimated through the buyer's own due diligence and research.

The information provided is by way of example only and is intended as general information only and not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek independent legal, financial and taxation advice to determine whether this investment is suitable for their specific circumstances. Outgoings are subject to change and have been provided by the vendors and/or third parties. Prospective purchasers are advised to conduct their own independent due diligence. We do not accept responsibility for the accuracy of the information provided or for any changes that may occur.