270 West Coast Highway, Scarborough, WA 6019

Bedrooms
6
Bathrooms
3
Parkings
6
Area
1353m2
Type
House

Last updated on Tuesday, April 23, 2024

From $2,900,000

270 West Coast Highway, Scarborough, WA 6019 - More Details

From $2,900,000

Don’t miss your 2nd chance on this one, last contract fell through so now it’s your chance!

This RARE coastal opportunity is perfect for the astute investor as properties like this simply will never exist again!

Located on West Coast Highway a short 100m walk to the sands of Scarborough Beach sits this group of 3 villas. The property is comprised of 3 separate villas, each one a 2 bedroom, 1 bathroom, rental income producing home all positioned on an large 1,353sqm land holding!

What are your options?
1 – Purchase this unique parcel as a holding investment and rent out each of the homes knowing that land like this will only become more and more in scarce.
2 – Maximise the rental return buy renovating the existing villas and grounds to creat a highly desiragble group that could demand much higher rental return than currntly achieving.
3 – The most advantageous opportunity is to create a Multi-Storey Residential Development with sensational views, overlooking our prized world class Scarborough Beach.

Located within the “Gateway East” precinct of the redevelopment area this 1,353sqm parcel meets the current guidelines for the potential approval of a 4 storey development and consideration upon application for an additional 2 storeys. (*all subject to full approvals by relative authorities)

What to know:
Approximate rental return (scope for higher return, speak to agent for info)
Unit 1 – 2 x 1 with yard – tenanted $324/week until 2nd June 2023
Unit 2 – 2 x 1 with yard - tenanted $350/week until 17th Jan 2024
Unit 3 – 2 x 1 with large yard - tenanted $350/week until 24th Feb 2024
The property also features plenty of parking for extras cars/visitors

Capitalize on the biggest transformation this iconic precinct has seen in more than 30 years!

The recently completed $100 million redevelopment has brought this historic lifestyle location back to life.
Type
House
Bedrooms
6
Bathrooms
3
Parkings
6
Area
1353m2

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270 West Coast Highway Scarborough WA 6019

Property FAQs

What is the current asking price for the 270 West Coast Highway, Scarborough, WA 6019?

Realmark Urban - LEEDERVILLE has not listed a sale price for 270 West Coast Highway, Scarborough, WA 6019. Contact the agent for a price guide.

How many bedrooms does the property listed 270 West Coast Highway, Scarborough, WA 6019 feature?

270 West Coast Highway, Scarborough, WA 6019 is a 6 bedroom House.

What are the standout features of the 270 West Coast Highway, Scarborough, WA 6019?

Explore all key property features for 270 West Coast Highway, Scarborough, WA 6019. Click here to find out more.

What is the total land area and built-up area of the 270 West Coast Highway, Scarborough, WA 6019?

The total land area and built-up area of the 270 West Coast Highway, Scarborough, WA 6019 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 270 West Coast Highway, Scarborough, WA 6019?

270 West Coast Highway, Scarborough, WA 6019 can accommodated 6 vehicles in the parking area.

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