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Axia Corporate Property as exclusive selling agents, are pleased to present 98-100 Scarborough Beach Road, Mount Hawthorn For Sale by Private Treaty.
The arrival of the property to the market represents an outstanding opportunity for astute investors, developers and / or owner occupiers, to acquire a land rich and income producing asset, in arguably one of Western Australia’s most desirable and tightly held precincts.

Investment Highlights

• High profile corner location.
• Superb redevelopment potential with flexible Mixed Use R80 Zoning.
• Popular City Fringe location, 10 minutes north of Perth, 350m to Mezz Shopping Centre.
• Direct access to major arterial roads and buses servicing the Perth CBD and metropolitan surrounds.
• Excellent schools, medical, retail, amenity, parks and lifestyle within walking distance.
• Current net income: $33,000 p.a.*, plus GST by way of three (3) monthly rolling tenancy to gym.
• Ability to increase net rental by leasing adjoining character building.
• Combined land area – 1,417sqm* combined (survey strata lots).
• Two (2) freestanding commercial buildings plus car park.
• Close proximity to Oxford Street, Paddington Ale House, The Mezz Shopping Centre.
• Improvements – Gym 340qm* approx., freestanding character building 150sqm* approx.

The subject property is located within the inner northern suburb of Mount Hawthorn, approximately five (5) kilometres north from the Perth CBD and more specifically is situated to the north western corner of Shakespeare Street. The property is within walking distance to Oxford Street’s vibrant ‘café strip’ and into the centre of Mount Hawthorn where The Mezz Shopping Centre, Paddington Ale House, Case Bianchi, Westpac and Australia Post draw local residents into the area.
The surrounding area offers a wide range of retail amenities and excellent lifestyle elements including cafes, parks, car washes, schools, supermarkets, restaurants, pharmacies and other amenity.
More specifically, the offering comprises three (3) survey strata lots comprising a land area of 1,417sqm* and located om a prominent corner location, with excellent frontage to Shakespeare Street and Scarborough Beach Road.

Shakespeare Street frontage – 649.5 metres*
Scarborough Beach Road frontage – 30.66 metres*
Northern boundary – 25.19 metres*

The City of Vincent advises the property is zoned “Mixed Use” R-80
Plot Ratio – 1:0
Height Limit – 4 storeys

NB – All proponents are advised to make their own enquiries with the relevant authorities.

For further information, please contact either Rocco Demaio on 0411 227 703 or Franco Gangemi on 0418 930 504

*approximate

Price:From $2,400,000, plus GST
Address:98-100 Scarborough Beach Road
City:Mount Hawthorn
State:WA
ZIP:6016
Square Feet:1417sqm*
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