Added 9 days ago
5/10 Lawley Street, North Beach WA 6020
Expression of Interest
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1 Bedroom
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1 Bathroom
Unit
Added 9 days ago
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Affordable Coastal Investment in Prestigious North Beach
An increasingly rare opportunity to secure an affordable investment property in one of Perth's most exclusive and tightly held coastal suburbs.
Positioned just moments from the shoreline and surrounded by luxury multi-million-dollar homes, this investment suite offers buyers the chance to secure a foothold in blue-chip North Beach at a fraction of the suburb's current median house price of approximately $2.1 million.
Located within the well-known Ocean View Motel complex, this property is ideally suited to investors seeking a coastal short-stay accommodation asset in a location that continues to see strong long-term demand from holidaymakers, tourists and visitors wanting to enjoy Perth's premium beachside lifestyle.
With very limited opportunities available at this entry level within North Beach, the property represents an affordable land-banked coastal investment with strong lifestyle appeal and ongoing future upside tied to its exceptional location.
Enjoy a prime position only moments from:
* North Beach coastline and foreshore
* Popular beachfront cafés and restaurants
* Trigg and Watermans Bay precincts
* Karrinyup Shopping Centre
* Public transport and easy CBD access
### Investment Highlights:
* Nearly all outgoings paid by lessee
* Rare affordable entry into prestigious North Beach
* Located amongst luxury coastal homes
* Existing short-stay accommodation style complex
* Investment-focused ownership opportunity
* Strong lifestyle and tourism appeal
* Low-maintenance holding
* Blue-chip coastal location with long-term scarcity value
Properties this close to the beach in North Beach at this price point are becoming exceptionally difficult to secure.
For further information contact Brett van Son today.
Property features
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Floor area
24m2
Property snapshot by reiwa.com
This property at 5/10 Lawley Street, North Beach is a one bedroom, one bathroom unit listed for sale by Brett van Son at Abel Property Sales.
For more information about North Beach, including sales data, facts, growth rates, nearby transport and nearby shops, please view our North Beach profile page.
If you would like to get in touch with Brett van Son regarding 5/10 Lawley Street, North Beach, please call 0403 171 092 or contact the agent via email.
Cost breakdown
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Council rates: $1,154 / year
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Water rates: $1,498 / year
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Strata fees: $340 / quarter
Nearby schools
North Beach overview
The name North Beach began as a descriptive name, derived from the suburb being at the time the most northerly of Perth's beaches. It was assigned in 1888 when surveyor Charles Crossland referred to the pastoral leases of Samuel Richard Hamersley as his "north beach coastal run". The suburb was originally set aside as a timber reserve in the 1860s and then as a quarantine area for camels entering in the 1890s. A number of orchards operated in the area with the only evidence that remains today an old olive tree on Hope Street.
Life in North Beach
Residential styles in North Beach include a mix of holiday dwellings from before and after World War II, some former workers' houses, and modern dwellings. As a residential suburb, North Beach has small shopping areas on the coast and at Flora Terrace and Castle Street which offer basic commercial services. The suburb features a tennis club and has two primary schools - North Beach Primary School and Our Lady of Grace School.
North Beach quick stats
High end
$3.1m
Median
$2.2m
Low end
$1.6m
36.2 %
Annual growth
$2.2m
Annual median sales price
$650pw
Annual median rental price
