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Prime Development Opportunity - Ready for Medical Consulting Practice
Outstanding opportunity to secure a generous redevelopment parcel of land with the bonus of quality commercial building ready to be leased.
West Coast Real Estate are proud to offer 255 ST BRIGIDS TERRACE, DOUBLEVIEW.
With recently completed refurbishment of the property, which includes internal and external painting, new flooring throughout this makes a compelling acquisition for the savvy investor.
THE SITE
Land Area 867 sqm with dual street frontage
Building Area 161 sqm
Highly Visible site with huge passing trade.
Generous Redevelopment Guidelines
A superb residential development opportunity in a highly sought-after and convenient location.
THE LOCATION
The property is situated opposite the Hilltop Shopping Centre with Osborne Park and Scarborough Beach being just 2kms (approx.) away.
THE OPPORTUNITY
The property is perfectly suitable for a residential development capitalizing on buoyant market conditions, a super convenient location and the properties generous development guidelines to create a new landmark development.
IMPROVEMENTS
A spacious 161* sqm single-level character building with five large consulting rooms plus reception / client waiting area. There are nine on-site car bays that are accessed at the rear of the property accessed via a rear R.O.W.
LAND DETAILS
Frontage to St Brigids Terrace/Scarborough Beach Road: 27.38 metres
Frontage to rear lane 10.07m
Land Area: 867 square metres
ZONING
The City of Stirling advise that the property is located with Scarborough Beach Road West Special Control Area and is zoned “Residential 1 R-ACO” with Medical being a permitted use.
DEVELOPMENT GUIDELINES^
Height Limit: Up to 3 storeys
Plot Ratio: 1.0:1.0
Note: Plot ratio bonus may apply
TENANCY DETAILS
The property is currently leased until 25 September 2021 with a current net rent of $72,000 per annum. Please refer to the selling agent for further details.
ASKING PRICE
Buyers Guide - From $1.2mil.
Please call Mark Cribbon for further details 0415 586 767 or [email protected]
Property features
-
Air conditioned
-
Garages
1
-
Toilets
2
-
Floor area
161m2
Property snapshot by reiwa.com
This property at 255 St Brigids Terrace, Doubleview is a three bedroom, one bathroom house sold by Mark Cribbon at West Coast Real Estate on 25 Oct 2021.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Doubleview or see other recently sold properties in Doubleview.
Nearby schools
Doubleview overview
Are you interested in buying, renting or investing in Doubleview? Here at REIWA, we recognise that choosing the right suburb is not an easy choice.
To provide an understanding of the kind of lifestyle Doubleview offers, we've collated all the relevant market information, key facts, demographics and statistics to help you make a confident and informed decision.
Our interactive map allows you to delve deeper into this suburb and locate points of interest like transport, schools and amenities. You can also see median and current sales prices for houses and units, as well as sales activity and growth rates.
Doubleview quick stats
High end
$1.2m
Median
$950k
Low end
$821k
This listing
8.0 %
Annual growth
$950k
Annual median sales price
$807pw
Annual median rental price
