235 Scarborough Beach Road, Mount Hawthorn
- Future Development Site (STCA)
- Holding Income
- Exceptional Corner Location
THIS PROPERTY HAS SOLD!!!
Perth Commercial Property as exclusive Selling Agents are pleased to offer for sale via submissions of offers this exciting opportunity at 235 Scarborough Beach Road, Mount Hawthorn.
Situated within the developing, vibrant precinct of Mount Hawthorn, and only minutes from Leederville, Osborne Park, North Perth and the Perth CBD.
Scarborough Beach Road along with Oxford Street represents the heart of Mount Hawthorn’s commercial precinct, a lively and energetic place for business, dining and shopping – home to a diverse and growing array of commercial activity as well as being a highly sought after residential address.
Site improvements: 190m2 original development*
Site area: 455m2
The property is positioned on the Corner of Scarborough Beach Road and Federation Street and across from the lovely Blackford Street park.
The maintained improvements consist of 2 separate tenancies – both fronting Scarborough Beach Rd. One tenancy is occupied by a hairdresser and the other has recently become vacant.
There is potential for up to a 4 story development STCA.
STCA – subject to Council Approval.
THE LEASE DETAILS
Leased to 31/03/26 (currently in second 8 year term)
Annual income of $31,286 pa (GST Not Applicable)
Rent reviews annually
The City of Vincent advises the property is zoned Mixed Use under the R80 scheme
Sale Price This property is offered for sale via submission of offers on or before 16
August 2022. The Vendor reserves the right to accept an offer in advance of
the closing date.
GST will not be applicable on the basis the seller is not registered for GST.
2022 Statutory Outgoings:
Water Rates $1,996
Council Rates $3,542
Land Tax $2,056
Perth Commercial Property welcomes your enquiry.