Price SLASHED by $125,000! Get in Quick!

SOLD - This listing was sold in November 2019
An excellent opportunity has arisen to lease or buy an existing restaurant location with kitchen facilities at West Beach Lagoon, West Coast Hwy, Scarborough. There is also an expired liquor licence which may be renewed subject to approval, with this lease or sale.

This location has been very successful for a number of restaurants these past 12+ years with the owners now keen for their property to be leased out again or sold. The population in the vicinity around indicate that this is a prime spot for a running a restaurant with a takeaway / delivery menu in addition to a dine-in restaurant, as there is in the range of 5000+ households in this Scarborough area; including the new apartment blocks now springing up all around.

Located in the Redevelopment Area Boundary the scope at this location is plentiful. Daily passing traffic is in the range of 35,000+ Vehicles as per Main Roads 2014/15 data, as attached in the Information Memorandum.
According to the Scarborough MRA Master Plan:
Scarborough Beach is one of Perth's most iconic beaches, sitting just 14km from central Perth. Backed by $30million from the State Government and $27.4million from the City of Stirling, the project aims to create one of Australia's best beachfront destinations.
Ref: https://www.mra.wa.gov.au/projects-and-places/scarborough/vision
The restaurant site comes equipped with Air Conditioning, Signage and a Cold Room. All other existing kitchen equipment can be leased or bought depending on the requirement

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Main Property Features

Listing Number: NRP3448

Floor Area:
171 sqm
Land Size:
171 sqm
Property Type:
Retail
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NAI Harcourts Metro

981 Wellington Street
West Perth
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