This rare coastal opportunity is a once-in-a-lifetime investment for savvy developers and investors looking to capitalise on one of Perth's most sought-after locations. Positioned just 100 meters from the pristine sands of Scarborough Beach, this expansive 1,353sqm section presents immense potential for a variety of development options. The real gem of this property lies in its zoning for a 4-storey residential development, with the possibility to extend up to 6 storeys (subject to approvals). Imagine the stunning beach and ocean views you could enjoy from the upper levels of a modern, multi-unit complex. This is a rare chance to secure a prime piece of real estate in the heart of Scarborough'! All development options are subject to full approvals from the relevant authorities* Currently, the property features three villas, each comprising 2 bedrooms, 1 bathroom. With good rental income potential, you can choose lease the existing villas either long term or while you wait for the relevant approvals to develop. Alternatively you can unlock greater returns by renovating the villas and revitalising the grounds, elevating the property’s appeal and rental potential in a high-demand market. Don’t miss out on this exceptional opportunity on the iconic West Coast Highway! DISCLAIMER: This information is provided for general information purposes only and is based on information provided by third parties including the Seller and relevant local authorities and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.