Sterling Property has sold 179 Scarborough Beach Road, Doubleview, for $2,450,000 + GST, with the vacant medical centre attracting eight offers and selling more than 25% above the advertised guide price.
The 879sqm corner holding includes a 250sqm approved medical centre with six consulting rooms, a reception and waiting area, nine onsite car bays and six verge bays. The property was offered with vacant possession via an Offers Invited campaign.
Approved medical use, Mixed Use zoning and vacant possession is a rare combination in Perth’s coastal suburbs. It drew strong interest from medical owner-occupiers looking to secure their own premises rather than lease.
The site has high-exposure frontage to Scarborough Beach Road, sits next to IGA Doubleview, and is located within an established catchment with strong demand for GP and allied health services.
The sale was negotiated by Sterling Property Partner Simon Brady and Managing Director Brian Neo.
“Vacant medical premises with approvals already in place are exceptionally hard to find in this part of Perth. Practitioners want control over their fit-out, their tenure and their long-term occupancy costs, and owning the building gives them all three,” Mr Brady said.
“Seven qualified buyers missed out on this one, and they are still actively searching for their next opportunity.”
“We’re seeing medical operators move from tenant to owner wherever the right asset becomes available. Mixed-Use zoning adds long-term flexibility, and buyers are factoring that into what they’re prepared to pay,” Mr Neo said.
The result reflects the tight supply of quality, owner-occupier medical stock across Perth’s coastal and middle-ring suburbs.
Sterling Property has further medical opportunities in the pipeline. Medical operators, practitioners and owner-occupiers can register their interest with Simon Brady or Brian Neo to be notified first.
To discuss medical and owner-occupier opportunities across Perth, contact Simon Brady on 0407 486 401 or Brian Neo on 0411 868 486.
