Beachside Hillarys - Exclusive leased investment. Change in Offering, buy separate now or both
46 Angove Drive, HILLARYS WA 6025
What to like
A prudent investor can secure a low risk investment with strong leases at a low maintenance property, close to the Hillarys marina precinct, with substantial depreciation benefits available.
Situated on a prime corner location this ground floor area has excellent exposure with al fresco aspect, and with ample parking and building sizes of 240sqm*.
Current income is $221,453 p.a. 24/25. Price indication $3,750,000 as a whole. (subject to terms) The owner will look at Offers on the Individual Tenancies (2).
Price indication is $1,875,000 for a unit (subject to terms e.g. issue of new title etc.)
Great opportunities like this in this vicinity are scarce so act quick! Request an information memorandum today.
*Approximate.
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Get to know your potential property
Total Building Area: 240 sqm* across two ground-floor commercial units Two established tenants: Lot One and iPilates, both operating successfully within the precinct Strong income profile: Current rental income of $221,453 p.a. (24/25) Prime corner positioning offering excellent exposure and natural foot traffic Alfresco-enabled frontage, ideal for hospitality and customer-facing businesses Low-maintenance strata complex with broad depreciation benefits available Ample on-site and surrounding parking, ensuring easy access for customers and staff
Get to know the area
Positioned in one of the northern corridor's most coveted coastal pockets, this location offers an unbeatable blend of lifestyle appeal and everyday convenience. Just moments from iconic beaches, vibrant hospitality venues and the renowned Hillarys Boat Harbour, the area attracts strong, consistent patronage from locals and visitors alike. Steps to Sorrento Beach and the coastal path, perfect for morning swims, sunset walks and weekend relaxation. Moments from Hillarys Boat Harbour, home to cafés, restaurants, boutiques and family attractions. Easy access to West Coast Drive, connecting you to some of Perth's best beachfront dining and leisure experiences. Surrounded by established residential communities, providing steady year-round foot traffic for commercial operators. Close to local parks and green spaces, including Marbella Park, offering a peaceful contrast to the bustling coastline.
While care is taken, this information is sourced from third parties and public sources, and areas and distances are approximate.
Buyers should conduct their own investigations, as no warranty is given, and details may change.