Prime Land-Rich Coastal Investment with Immediate Income & Development Upside
Positioned within one of Perth’s most tightly held and rapidly evolving coastal precincts, 80–82 Scarborough Beach Road presents a rare opportunity to secure a substantial mixed-use freehold asset with strong holding income and significant future upside.
Occupying a prominent 1,862sqm* landholding across two titles and benefitting from a registered easement connection, the property offers exceptional scale and flexibility seldom available in this highly sought-after location. With expansive frontage to Scarborough Beach Road and direct adjacency to a free City of Stirling car park, the asset is ideally positioned to capitalise on continued growth and redevelopment within the precinct.
The property is underpinned by a diversified income profile and comprises a blend of residential, commercial, and storage tenancies, providing both immediate cash flow and long-term repositioning potential.
Key Improvements Include: • Three (3) residential apartments across ground & first floor • A diverse mix of ground floor commercial tenancies including food & beverage, beauty, and health operators • Eight (8) rear storage units delivering consistent, low-maintenance income • Secure, fenced rear yard • Direct access to adjoining public car parking
Investment Snapshot: • Current Net Income:** $288,766 per annum (Vacancy in Shop 4 will increase this by approximately $60,000pa once leased) • Land Area: 1,862sqm* across two (2) titles • Lettable Area: Approx. 939sqm* • Frontage: 40.2 metres* to Scarborough Beach Road • Zoning: Development / Mixed Use (City of Stirling) • Planning: Located within the Scarborough Special Control Area • Tenancy Profile: Five (5) commercial tenancies, three (3) residential apartments, and eight (8) storage units • Current Use: Mixed-use investment • Surrounding Amenity: Strong coastal growth corridor supported by established retail, residential, and lifestyle amenity • Opportunity: Underutilised site with significant value-add and future development upside (STCA) • Method of Sale: Offers to Purchase
This is a compelling opportunity to secure a strategic coastal landholding with scale, income, and long-term development potential in a high-demand beachfront precinct.
For further information or to arrange an inspection, please contact the exclusive selling agents.
* Approximate areas only. ** Approximate income based on information provided