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 1,949 properties. Over the last 5 years, Houses in North Beach have seen a 87.44% increase in median value, while Units have seen a 72.19% increase. As at 30 September 2024:

  • The median value for Houses in North Beach is $1,753,217 while the median value for Units is $782,975.
  • Houses have a median rent of $1,000 while Units have a median rent of $650.
There are currently 14 properties listed for sale, and no properties listed for rent in North beach on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in North beach.

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Christopher Tana
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