FOR SALE
SOLD

4&5/103 Flora Terrace
North Beach WA 6020

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 256m2
Land area: 256m2
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Prime Commercial Opportunity at North Beach --- SOLD

We are thrilled to present an exceptional investment opportunity in the heart of North Beach. Suites 4 and 5 at 103 Flora Terrace are now available for sale. These premium commercial units are currently leased to Haiven Property until 2026, offering a secure and attractive return on investment.
Key Features:
• High-Exposure Location: Situated on the bustling Flora Terrace, these units boast fantastic frontage and are part of a vibrant commercial hub. The location guarantees high visibility and foot traffic, perfect for any business looking to make a mark.
Leased to 2026: With a reliable tenant in place, investors can enjoy steady rental income. Haiven Property has established itself as a reputable occupant, ensuring peace of mind for the future owner.
• Modern Amenities: Each unit is designed with contemporary features, including carpeted floors, suspended ceilings, and ample lighting. Additionally, they come equipped with kitchen facilities, making them move-in ready.
• Ample Parking: The property includes access to secure underground parking and plenty of council street parking, ensuring convenience for both tenants and their clients.
• Prime Coastal Position: Located just meters away from the beach, these units are within walking distance of numerous cafes, restaurants, and retail shops, enhancing their appeal to a wide range of businesses.
Investment Details:
• both units are 128 sqm each, buy one or buy both
• secure underground parking
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Property Details for 4&5/103 Flora Tce, North Beach

Building Type
Commercial
Floor Size
256m2
Land Size
256m2

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About North Beach 6020

The size of North Beach is approximately 2.1 square kilometres. It has 8 parks covering nearly 36% of total area. The population of North Beach in 2011 was 3,090 people. By 2016 the population was 3,398 showing a population growth of 10.0% in the area during that time. The predominant age group in North Beach is 40-49 years. Households in North Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Beach work in a professional occupation. In 2011, 60.1% of the homes in North Beach were owner-occupied compared with 64.4% in 2016.

North Beach has 1,952 properties. Over the last 5 years, Houses in North Beach have seen a 96.77% increase in median value, while Units have seen a 51.72% increase. As at 30 November 2024:

  • The median value for Houses in North Beach is $1,841,032 while the median value for Units is $701,929.
  • Houses have a median rent of $1,050 while Units have a median rent of $650.
There are currently 15 properties listed for sale, and 2 properties listed for rent in North beach on OnTheHouse. According to CoreLogic's data, 67 properties were sold in the past 12 months in North beach.

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Christopher Tana
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