Reiwa Reiwa
5/10 Lawley Street, North Beach WA 6020

5/10 Lawley Street, North Beach WA 6020

Expression of Interest


1 Bedroom

1 Bathroom

Unit

Contact the agent

Brett van Son

0403171092

Abel Property Sales


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

  • Floor area 24m2

Cost breakdown

  • Council rates: $1,154 / year
  • Water rates: $1,498 / year
  • Strata fees: $340 / quarter

Nearby schools

North Beach Primary School Primary Government 0.9km
Our Lady Of Grace School Primary Non-government 1.1km
Marmion Primary School Primary Government 1.3km
Carine Primary School Primary Government 1.8km
Carine Senior High School Secondary Government 2.1km
Poynter Primary School Primary Government 2.4km
Sorrento Primary School Primary Government 2.7km
Karrinyup Primary School Primary Government 2.7km
St Mary's Anglican Girls' School Combined Non-government 2.7km
Duncraig Primary School Primary Government 3.0km

To view full details about this property, please visit reiwa.com.au
REIWA Listing #:5026640