The existing house on this site may be a step back in time, but the location and the opportunity present outstanding future potential.

Set high on the hill at the heart of the Scarborough Beach Road West Special Control Area, this property offers the astute investor a holding income while preparing plans for a landmark mixed use building taking advantage of sweeping views towards the ocean and up and down the coast and inland views from its elevated corner position.

The site enjoys excellent road and public transport links, being 2.3km to the amazing Scarborough beachfront precinct, 2.9km to Westfield Innaloo Shopping area, 6.0km to Glendalough Train Station (Joondalup line), and 3km to the highly anticipated Karrinyup Shopping Centre redevelopment which is almost complete. It is also very close to a number of local primary schools, Doubleview, Scarborough and Deanmore, Churchlands High School and prestigious independent schools, Hale School and St Mary's Anglican Girls' School.

The precinct has been earmarked as a key activity corridor in Perth and its local strip shops and businesses are already evolving into vibrant community hubs.

Specifically, the corner of Flamborough St and Scarborough Beach Rd is virtually the centre of the activity corridor, with this area being identified for traffic management, streetscaping works, improvements to the Munro Reserve and support for development of the adjacent commercial strip shopping area to the west of the site. The visionary strategy for the precinct encourages innovative development and supports this by having a plan to reinforce links between Scarborough Beach and the Stirling City Centre, identify landmark sites and create a specific local identity for the area beyond being a thoroughfare.

Astute investors will recognise the potential to develop this property to suit a broad and sophisticated demographic not currently catered for in this area, those who desire lifestyle, community and amenity without maintenance or security concerns. When compared with other increasingly rare (and expensive) western suburbs development sites, not to mention the heightened risk of oversupply and community opposition in such areas, this property offers extraordinary opportunity and value for money.

To discuss further please contact:

Keli Harrison on 0409 107 2...