House for sale

3/159 West Coast Highway,

Scarborough, WA

3 2 2
NOW MID - HIGH $1,000,000's

OCEAN FRONT VILLA IN MRA. HIGH RISE REDEVELOPMENT ZONE.

OCEAN FRONT VILLA
IN MRA
HIGH RISE REDEVELOPMENT ZONE

NEGOTIATING OFFERS NOW!

INSTRUCTIONS TO SELL. Absolutely all offers presented. WILL BE SOLD.

One of the best villas in the best apartment and redevelopment site on the Scarborough Waterfront. Situated Oceanside of West Coast Highway at the far northern end of The Strip with elevated sundrenched northerly views across the coastal dunes to the ocean, this is one of the only opportunities on the entire west coast to truly live in a water front location without any roads between you and the surf.
Tremendous aspects spanning from Observation City in the south and Trigg Point and Sorrento Quay in the north, you are buying a neat and tidy two storey, 3x2 villa with two court yards, two garages and ocean views to everywhere! Zoned for up to 12 storey redevelopment in a climate where 40 storey development applications are being considered for sites zoned for only 18 storeys. Situated in a tiny group of 10 on a monstrous oceanfront redevelopment site of 3,170sqm, with an expansive 50.4m ocean frontage, this villa is in prime location, smack bang in the middle.

Long recognised as the very best redevelopment site in the Seas MRA due to its high land content per unit, high density zoning upgrade, positioned oceanside of roads, amazing views, the Shoreline complex has been targeted by some of the state's biggest building and development companies, who now own a stake in the pie.

Buy to rent out or move into and enjoy and just sit back and wait for your moment in the sun... whilst already enjoying your moment in the sun!

Comparable sales peak at around $3.5M for equivalent villas within the complex only a few short years ago. Current market conditions suggest you may be able to buy this property today for close to half that amount... and unlike previous years where the evolution of Perth's most exciting waterfront was part planning, part hopes and part dreams, today the redevelopment of this coastline is a palpable reality and happening before your eyes everywhere you look.

INSTRUCTIONS TO SELL. Absolutely all offers presented. WILL BE SOLD.
Last updated: 06:46PM on Aug 15th 2017
Contact the agentCLOSE

Email sent successfully!

Your email has been sent to Space Real Estate Cottesloe.

Would you like to get the latest Rich Pickings?

Space Real Estate Cottesloe

2 Napoleon Street
Cottesloe WA, 6011
More property from Space Real Estate Cottesloe
4/113 Forrest Street40 Fortescue Street3a Cornwall Street23 Vera Street54 Pearse StreetLot 204 Judd Road