Scarborough Development
A major development site on 194 West Coast Highway and 7-11 Manning Street, Scarborough.
The property comprises 3000sqm* land area located opposite Scarborough Beach on the corner of West Coast Highway and Manning Street.
• 3000sqm* total site area
*approximately
| Sale Analysis | |
| Sale Price: | $8,300,000 + GST |
| Sale Date: | Feb 2021 |
| Land Area: | 3,000sqm* |
| Price/Land sqm | $2,750smq |
| Vendor: | John Hughan |
| Purchaser: | Sentinel Corporation (USA) |
| Sales Process: | Expressions of Interest campaign over 27 months |
In another strong indicator of Subiaco’s growing investment appeal, the landmark Tighe’s Building at 131-135 Rokeby Road has changed hands for $5 million in an off-market transaction brokered exclusively by Michael Milne.
$200,000 operating cost savings