39 Filburn Street
Scarborough, WA 6019

Situated on a generous 1,012 square meter land parcel with an impressive 20-meter frontage, this property at 39 Filburn Street offers a unique and valuable development prospect in one of Scarborough's most sought-after coastal areas.

Adding to the appeal, the seller also offers a neighboring two-bedroom unit at 1/35 Filburn Street, Scarborough, located directly next door. This presents an opportunity for a strategic combined purchase, allowing buyers to secure one or both properties with options to develop, hold, or landbank across a larger footprint within this high-demand precinct.

The elevated position of the site provides sweeping outlooks and the potential for expansive ocean views, subject to council approval. This makes the property highly attractive to developers, investors, and land-bankers seeking scale, flexibility, and long-term growth potential in a premium beachside location.

The existing residence is a substantial five-bedroom, five-bathroom home that currently generates secure holding income with a lease in place until December 2026. This allows investors to benefit from rental returns while planning future development or redevelopment strategies.

Buyers have the choice to retain the current improvements or unlock the full potential of the site. The key attributes of this property include its size, elevation, frontage, and close proximity to the coastline, all of which are fundamental to its value and appeal.

Opportunities of this scale, especially with the option to acquire adjoining property, are exceptionally rare in Scarborough. This will attract strong interest from those looking to capitalize on future growth in one of Perth's premier coastal corridors.

Key features include:

• 1,012 square meter landholding with 20-meter frontage
• Elevated position with potential ocean views (subject to council approval)
• Existing five-bedroom, five-bathroom residence
• Secure holding income with lease until December 2026
• Neighboring two-bedroom unit also available from the same seller
• Option to purchase individually or as a combined package

The campaign for offers closes on May 15, and all reasonable offers will be presented. This is a rare chance to secure a foothold in a highly desirable coastal location and unlock the full potential of an exceptional site.

Recent advice from the City of Stirling outlines development standards for the Beach Road Outer Core precinct, including preferred land uses such as residential, hotel, serviced apartments, shops, restaurants, offices, and community facilities on the ground floor, with residential and commercial uses on upper floors.

Setback requirements include nil podium street and side/rear setbacks (with exceptions), and upper levels require a 6-meter street setback and 10-meter side/rear setbacks. The maximum building height is eight storeys as a base height, with potential for up to 12 storeys subject to authority discretion and meeting specific requirements.

This property represents a significant opportunity for developers and investors to participate in the ongoing growth and revitalization of Scarborough's coastal precinct.