SOLD
Sold on 18 May 2024 for $950,000

222 Scarborough Beach Road
Mount Hawthorn WA 6016

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 491m2
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Property Details for 222 Scarborough Beach Rd, Mount Hawthorn

Building Type
Land
Floor Size
220m2
Land Size
491m2
Local Government
Vincent
Lot/Plan
178/P003845

Last Listing description (May 2024)

Realmark Commercial in conjunction with Pro Property Group are pleased to present For Sale or Lease 222 Scarborough Beach Road, Mount Hawthorn 6016.This property offers buyers/tenants a unique opportunity to acquire a 491 sqm* land holding, with significant future development potential. In it's current form, the property offers 153sqm* of character retail space with a large street fronting shop front, angled directly towards oncoming traffic along Scarborough Beach Road.This property presents multiple opportunities to a range of buyers including:- Owner occupiers- Developers- InvestorsProperty Features:- Land Area: 491sqm*- Significant development potential up to 4 storeys- Easy access to major arterial roads- 13,000 vehicles passing daily** (approx.)- Zoned 'Mixed Use / R80'- Vacant Possession- Lettable Area: 153 sqm*- Sheds and Storage 130 sqm*Location: - 800m* Mount Hawthorn Entertainment Precinct- 3km* Leederville Entertainment Precinct- 1.4km* Glendalough Station- 1.2km* Mitchell Freeway- 5.9km* from Perth CBDSaleOffers from $1.1M + GSTLease$45,000 + GST + Outgoings *Approx.**Source: Main Roads WA

Property History for 222 Scarborough Beach Rd, Mount Hawthorn, WA 6016

A timeline of how this property has performed in the market
Last Sold
$950,000
18 May 2024
Listed for Rent
$54k/w
03 Oct 2023
  • 18 May 2024
    Sold for $950,000
  • 18 Dec 2023
    Listed for Sale Offers from $1,100,000 or Offers from $45,000 ++
  • 18 Dec 2023
    Listed for Rent - Price not available
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About Mount Hawthorn 6016

The size of Mount Hawthorn is approximately 2.4 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Mount Hawthorn in 2011 was 7,357 people. By 2016 the population was 7,558 showing a population growth of 2.7% in the area during that time. The predominant age group in Mount Hawthorn is 40-49 years. Households in Mount Hawthorn are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mount Hawthorn work in a professional occupation. In 2011, 68.4% of the homes in Mount Hawthorn were owner-occupied compared with 71.9% in 2016.

Mount Hawthorn has 3,697 properties. Over the last 5 years, Houses in Mount Hawthorn have seen a 80.17% increase in median value, while Units have seen a 54.00% increase. As at 30 November 2024:

  • The median value for Houses in Mount Hawthorn is $1,492,539 while the median value for Units is $667,625.
  • Houses have a median rent of $800 while Units have a median rent of $700.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Mount hawthorn on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Mount hawthorn.

Suburb Insights for Mount Hawthorn 6016

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.