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188 The Esplanade
Scarborough WA 6019
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Sold on 14 Oct 2024

188 The Esplanade Scarborough WA 6019

  • Shop & Retail
  • 376 m²
  • Sold

Beachside Investment With The Lot!

  • Absolute waterfront location
  • Outstanding tenant
  • Long lease

The property enjoys an absolute waterfront location below CeVue luxury apartments, surrounded by abundance and convenience, along Scarborough's prime entertainment precinct.

Scarborough is home to one of Perth's most iconic beaches and is a mecca for locals and tourists alike. Above the property are 74 residential apartments and an estimated $500 million worth of incoming apartments both under construction and approved for the area. This is in addition to the 1,000+ apartments and 300+ hotel rooms in Scarborough, complemented by a growing population of over 18,000 residents.

Grill'd have 166 stores throughout Australia with revenue approaching $400 million. They have been in occupation for more than 10 years (since 2012) with a further nine years remaining on the lease, offering a secure and consistent income stream for potential investors within the highly sought after beachside location.

With 376m² of retail space, this location benefits from an abundance of surrounding parking and bustling foot traffic from residents and visitors to the area.

Lease Equity Pty Ltd
Lease Equity Pty Ltd
Level 1 604 Hay Street (Cnr Barrack St)
Perth, WA 6000

Property Highlights

Date Sold14 Oct 2024
Floor Area376 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018766408
Category
Last updated  20 Nov 2024
Map for 188 The Esplanade Scarborough WA 6019
Lease Equity Pty Ltd
Lease Equity Pty Ltd
Level 1 604 Hay Street (Cnr Barrack St)
Perth, WA 6000

Property Highlights

Date Sold14 Oct 2024
Floor Area376 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2018766408
Category
Last updated  20 Nov 2024

Listed by

Jim Tsagalis
Lease Equity Pty Ltd
Call
0411 760 760

More about 188 The Esplanade Scarborough WA 6019

188 The Esplanade Scarborough WA 6019 is categorized as Shop & Retail Property. It has a floor area of 376 m². The listing ID for this property is 2018766408.

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